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Fiscal Policy and the External Deficit : Siblings, but not Twins
Helliwell, John F. - 1990
This paper first surveys a number of partial and macroeconomic approaches to the determination of the current account, and then summarizes the evidence from multicountry economic models about the linkages between U.S. government spending and the U.S. current account during the 1 980s. The...
Persistent link: https://www.econbiz.de/10012475722
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EMU : Ready, or Not?
Obstfeld, Maurice - 1999
In this paper I focus on two specific hazard areas in the transition from Stage Two to Stage Three of European economic and monetary union (EMU), as well as on some key problems of Stage Three that EMU's monetary and fiscal structures appear ill-prepared to handle. The transitional hazards are...
Persistent link: https://www.econbiz.de/10012471509
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Inflation, External Debt and Financial Sector Reform : A Quantitative Approach To Consistent Fiscal Policy With An Application to Turkey
Anand, Ritu - 1988
This paper presents and applies an integrated framework to assess the consistency between fiscal deficits and other macroeconomic targets, such as output growth and the rate of inflation. The model centers around the government budget constraint and can be used to either derive the financeable...
Persistent link: https://www.econbiz.de/10012476329
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Fiscal Rules : Theoretical Issues and Historical Experiences
Wyplosz, Charles - 2012
Fiscal indiscipline is a feature of many developed countries. It is generally accepted that the source of the phenomenon lies in the common pool problem, the fact that recipients of public spending to fail to fully internalize the costs that taxpayers must assume. As a result, democratically...
Persistent link: https://www.econbiz.de/10012460775
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The Service Sector as India's Road to Economic Growth
Eichengreen, Barry - 2011
While India is distinctive among developing countries for its fast-growing service sector, sceptics have raised doubts …
Persistent link: https://www.econbiz.de/10012461900
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Much Ado About Nothing : American Jobs and the Rise of Service Outsourcing to China and India
Liu, Runjuan - 2008
China and India have been particularly strong. Then workers in occupations that are exposed to inshoring and offshore …We examine the impact on U.S. labor markets of offshore outsourcing in services to China and India. We also consider … China and India. Using March-to-March matched CPS data for 1996-2006 we examine the impacts on (1) occupation and industry …
Persistent link: https://www.econbiz.de/10012464585
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Service-Led or Service-Biased Growth? : Equilibrium Development Accounting across Indian Districts
Fan, Tianyu; Peters, Michael; Zilibotti, Fabrizio - National Bureau of Economic Research - 2021
productivity growth. In an application to India, we find that productivity growth in consumer services such as retail and …
Persistent link: https://www.econbiz.de/10012496104
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The Link Between Manufacturing Growth and Accelerated Services Growth in India
Dehejia, Rajeev H. - 2014
-level data from India, we find a positive spillover from manufacturing growth to gross value added, wages, employment, and worker …
Persistent link: https://www.econbiz.de/10012458742
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Local Industrial Structures and Female Entrepreneurship in India
Ghani, Ejaz - 2011
We analyze the spatial determinants of female entrepreneurship in India in the manufacturing and services sectors. We …
Persistent link: https://www.econbiz.de/10012461062
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Fiscal Rules in India : Are They Effective?
Buiter, Willem H. - 2010
, considers India's experience with fiscal (responsibility) rules during the past decade. After reviewing the basic facts … concerning public debt and deficits in India, the background and basic arithmetic of the Fiscal Responsibility and Budget …
Persistent link: https://www.econbiz.de/10012462717