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Foreign Aid and Real Exchange Rate Adjustments in a Financially Constrained Dependent Economy
Turnovsky, Stephen J. - 2008
A dynamic dependent-economy model is developed to investigate the role of the real exchange rate in determining the effects of foreign aid. If capital is perfectly mobile between sectors, untied aid has no longrun impact on the real exchange rate. A decline in the traded sector occurs because...
Persistent link: https://www.econbiz.de/10014401383
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The term structure of interest rates and the effects of macroeconomic policy
Turnovsky, Stephen J. - 1989
Persistent link: https://www.econbiz.de/10000766764
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Monetary and fiscal policy under perfect foresight : a symmetric two country analysis
Turnovsky, Stephen J. - 1985
Persistent link: https://www.econbiz.de/10000686055
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Optimal monetary growth with accomodating fiscal policy in a small open economy
Turnovsky, Stephen J. - 1986
Persistent link: https://www.econbiz.de/10000715672
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The transitional dynamics of fiscal policy : long-run capital accumulation and growth
Turnovsky, Stephen J. - In: Journal of money, credit and banking : JMCB 36 (2004) 5, pp. 883-910
Persistent link: https://www.econbiz.de/10002436654
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Fiscal policy in a growing economy with public capital
Turnovsky, Stephen J. - In: Macroeconomic dynamics 1 (1997) 3, pp. 615-639
Persistent link: https://www.econbiz.de/10001630081
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Government policy in a stochastic growth model with elastic labor supply
Turnovsky, Stephen J. - In: Journal of public economic theory 2 (2000) 4, pp. 389-433
Persistent link: https://www.econbiz.de/10001510785
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Fiscal policy and growth in a small open economy with elastic labour supply
Turnovsky, Stephen J. - In: The Canadian journal of economics 32 (1999) 5, pp. 1191-1214
Persistent link: https://www.econbiz.de/10001438948
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The term structure of interest rates and the effects of macroeconomic policy
Turnovsky, Stephen J. - In: Journal of money, credit and banking : JMCB 21 (1989) 3, pp. 321-347
Persistent link: https://www.econbiz.de/10001074069
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Fiscal policy, elastic labor supply, and endogenous growth
Turnovsky, Stephen J. - In: Journal of monetary economics 45 (2000) 1, pp. 185-210
Persistent link: https://www.econbiz.de/10001445979