Spain; Selected Issues

This Selected Issues paper quantifies the macroeconomic effects of fiscal policy in Spain, focusing on the external sector. It describes the stylized facts of the Spanish economy and presents an econometric analysis. It examines Spainâ€™s growth and productivity performance in relation to a broad sample of peer economies with an emphasis on recent trends and growth implications. It also employs growth accounting and discusses the productivity lag of Spain.

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Year of publication:	2006-06-14
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Current account balances \| External accounts \| Government expenditures \| Selected issues \| Tax revenues \| exchange rate \| real exchange rate \| government expenditure \| government spending \| fiscal policy \| current account balance \| tax revenue \| increase in government expenditure \| fiscal shocks \| fiscal policies \| real exchange rate appreciation \| effective exchange rate \| real effective exchange rate \| tax changes \| exchange rate appreciation \| fiscal deficits \| fiscal expenditure \| government spending shocks \| exchange rate depreciations \| fiscal multipliers \| fiscal restraint \| fiscal improvements \| nominal exchange rate \| real exchange rate fluctuations \| exchange rate appreciations \| fiscal shock \| expenditure restraint \| fiscal variable \| fiscal balances \| exchange rate volatility \| real exchange rate appreciations \| exchange rate fluctuations \| exchange rate depreciation \| fiscal revenue \| real exchange rate volatility \| government spending multipliers \| fiscal consolidation \| real exchange rate depreciation \| fiscal revenues \| primary fiscal balance \| budget balance \| spending cuts

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 06/213 4 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011242957