How Small Should an Economy s Fiscal Deficit Be is popular PDF and ePub book, written by Paul Beckerman in 2016, it is a fantastic choice for those who relish reading online the Uncategoriezed genre. Let's immerse ourselves in this engaging Uncategoriezed book by exploring the summary and details provided below. Remember, How Small Should an Economy s Fiscal Deficit Be can be Read Online from any device for your convenience.
How Small Should an Economy s Fiscal Deficit Be Book PDF Summary
A spreadsheet planning model to help determine the government deficit consistent with a specified vector of country macroeconomic objectives. Beckerman describes a spreadsheet planning model to help determine the government deficit consistent with a policymaker's vector of principal macroeconomic objectives (including real GDP growth, inflation, exchange rate, and international reserve accumulation). The model focuses on the monetary accounts, applying balance-of-payments forecasts formulated separately but based on the same macroeconomic objectives.The model is a consistency exercise, intended as part of a broader consistency exercise for a given macroeconomy. It offers one more perspective on the question of how large a government deficit should be - a perspective that can be used in conjunction with others. For each forecast period, the model determines consistent period-end and period-average stocks for the economy's outstanding central bank assets and liabilities and government obligations. It applies forecasting assumptions about interest rates to forecast central bank profit-and-loss flows, and takes account of these in determining the overall flow of resources that would be available to finance the government deficit. An annex describes a (purely illustrative) simulation carried out during 1999 for Ecuador.This paper - a product of the Poverty Reduction and Economic Management Sector Unit, Latin America and the Caribbean Region - is part of a larger effort in the region to strengthen the tools for macroeconomic policy analysis and planning in the region's economies.
Detail Book of How Small Should an Economy s Fiscal Deficit Be PDF
- Author : Paul Beckerman
- Release : 22 September 2024
- Publisher : Unknown
- ISBN : OCLC:1290705098
- Genre : Uncategoriezed
- Total Page : 35 pages
- Language : English
- PDF File Size : 18,5 Mb
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