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In addition to the wide believed positive effects on growth, employment and wages, FDIs are often perceived as sources of funds for development. Developing countries, especially low income and emerging economies, welcome FDIs because of their favorable budgetary implications. All that resulted...
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We investigate cross-country fiscal policy spillovers through the integration of capital markets in a currency union … countries, we find that output spillovers are small with standard tax reforms but can be sizeable with large government spending …
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effectiveness for the home country and their spillovers to other countries. We develop a model to show that under these …
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effectiveness for the homecountry and their spillovers to other countries. We develop a model to show that under these circumstances …
Persistent link: https://www.econbiz.de/10011598522
effectiveness for the home country and their spillovers to other countries. We develop a model to show that under these …
Persistent link: https://www.econbiz.de/10011602603
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misallocation mechanism from other types of spillovers. We find a robust positive effect on free-market rents in response to the …
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