Description:This monograph addresses a number of practical current policy issues in the areas of open economy macro-economic and international trade theory. The questions that are asked and answered include the following: What are the effects of a debt-financed cut in taxes on the real exchange rate, the trade balance, the current account and domestic and foreign real interest rates and stock markets in the short run and the long run? How do variations in public spending (financed through variations in taxations or borrowing) affect these same variables? How do productivity shocks or supply side-friendly tax cuts such as reductions in the rate of taxation on capital income affect the domestic and foreign economies? While the questions have an obvious immediate practical policy relevance, their treatment is uncompromisingly theoretical. A number of highly abstract and greatly simplified two-country models are presented and put through their paces in order to shed some light on the essential features of the international transmission mechanism.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Budgetary Policy, International and Intertemporal Trade in the Global Economy (PROFESSOR DR F DE VRIES LECTURES IN ECONOMICS). To get started finding Budgetary Policy, International and Intertemporal Trade in the Global Economy (PROFESSOR DR F DE VRIES LECTURES IN ECONOMICS), you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
148
Format
PDF, EPUB & Kindle Edition
Publisher
—
Release
—
ISBN
0444871357
Budgetary Policy, International and Intertemporal Trade in the Global Economy (PROFESSOR DR F DE VRIES LECTURES IN ECONOMICS)
Description: This monograph addresses a number of practical current policy issues in the areas of open economy macro-economic and international trade theory. The questions that are asked and answered include the following: What are the effects of a debt-financed cut in taxes on the real exchange rate, the trade balance, the current account and domestic and foreign real interest rates and stock markets in the short run and the long run? How do variations in public spending (financed through variations in taxations or borrowing) affect these same variables? How do productivity shocks or supply side-friendly tax cuts such as reductions in the rate of taxation on capital income affect the domestic and foreign economies? While the questions have an obvious immediate practical policy relevance, their treatment is uncompromisingly theoretical. A number of highly abstract and greatly simplified two-country models are presented and put through their paces in order to shed some light on the essential features of the international transmission mechanism.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Budgetary Policy, International and Intertemporal Trade in the Global Economy (PROFESSOR DR F DE VRIES LECTURES IN ECONOMICS). To get started finding Budgetary Policy, International and Intertemporal Trade in the Global Economy (PROFESSOR DR F DE VRIES LECTURES IN ECONOMICS), you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.