Public Sector Growth and the Current Account in Australia: A Longer Run Perspective
Warwick McKibbin () and
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Steven Morling: Reserve Bank of Australia
RBA Research Discussion Papers from Reserve Bank of Australia
This paper examines the macroeconomic experience of Australia from 1961/62 to 1988/89 focusing on the links between the fiscal deficit, private savings, private investment, the balance of payments and relative prices. Alternative theoretical hypotheses are considered in an attempt to explain the evolution of the Australian economy over this period.
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Persistent link: https://EconPapers.repec.org/RePEc:rba:rbardp:rdp9002
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