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External Imbalances and Fiscal Policy in the Group of Three Countries: The Role of Stock-Flow Dynamics

International Monetary Fund

No 1989/081, IMF Working Papers from International Monetary Fund

Abstract: This paper discusses recent empirical research on the interplay between fiscal policies and external imbalances in the G3 countries, focusing on the stock-flow dynamics of public and foreign deficits and debt accumulation.

Keywords: WP; deficit; debt; government; GNP; GNP ratio; government policy; government intervention; debt stock; net indebtedness; Foreign assets; Current account; Current account imbalances (search for similar items in EconPapers)
Pages: 28
Date: 1989-01-01
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:1989/081

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