Credit Flows, Fiscal Policy, and the External Deficit of Bosnia and Herzegovina

This paper develops and estimates a model of the trade balance of Bosnia and Herzegovina. Credit flows and the fiscal stance are found to play a significant role in determining the trade balance. On this basis the paper discusses the trade-offs between monetary and fiscal policy settings needed to achieve a clear downward path for the large current account deficit of Bosnia and Herzegovina

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Year of publication:	[2007]
Authors:	Kanda, Daniel
Publisher:	[2007]: [S.l.] : SSRN
Subject:	Bosnien-Herzegowina \| Bosnia and Herzegovina \| Außenwirtschaftliches Gleichgewicht \| External balance \| Finanzpolitik \| Fiscal policy \| Handelsbilanz \| Trade balance

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Extent:	1 Online-Ressource (20 p)
Series:	IMF Working Paper ; No. 06/276
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 2006 erstellt
Other identifiers:	10.2139/ssrn.956739 [DOI]
Classification:	C13 - Estimation ; C51 - Model Construction and Estimation ; E17 - Forecasting and Simulation ; E63 - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization ; F41 - Open Economy Macroeconomics
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012777954