Fiscal Policies and the World Economy; An Intertemporal Approach (Cambridge, Mass.: MIT Press, 1987)

Jacob A Frenkel and Assaf Razin

MPRA Paper from University Library of Munich, Germany

Abstract: Recent theoretical development in closed-economy macroeconomics are extended to open economies to investigate the dynamics of the current account of the balance of payments and the effects of fiscal policies.

Keywords: intertemporal approach to the current account; investment-saving balance; microfoundations of fiscal policy in the open economy (search for similar items in EconPapers)
JEL-codes: E0 F0 (search for similar items in EconPapers)
Date: 1987-02-01
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Citations: View citations in EconPapers (89)

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