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United States Background Papers

This Background Paper on the United States examines the effect of fiscal deficit reduction in the context of the IMF’s multicountry simulation model, on the current account and the real exchange rate. The simulations suggest that, other things being equal, fiscal consolidation will tend to cause the...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1995
Series:IMF Staff Country Reports
Subjects:
Government And The Monetary System
Payment Systems
Income
Finance
Public Finance & Taxation
Monetary Economics
Currency; Foreign Exchange
Regimes
Taxes
Personal Income
Balance Of Payments
Flat Tax
Long-term Capital Movements
Exports And Imports
Aggregate Factor Income Distribution
International Economics
National Accounts
Personal Income, Wealth, And Their Distributions
Money
Foreign Exchange
Standards
Taxation, Subsidies, And Revenue: General
Banks And Banking
Monetary Systems
Macroeconomics
Real Exchange Rates
Exchange Rates
Taxation
Money And Monetary Policy
Income Tax
International Investment
United States
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This Background Paper on the United States examines the effect of fiscal deficit reduction in the context of the IMF’s multicountry simulation model, on the current account and the real exchange rate. The simulations suggest that, other things being equal, fiscal consolidation will tend to cause the real exchange rate to depreciate in the short term. The paper also estimates a long-term relationship between the real effective exchange rate for the U.S. dollar and a number of variables
Physical Description:198 pages
ISBN:9781451839470

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