The Role of Private Financial Wealth in a Portfolio Model: A Study of the Effects of Fiscal Deficits on the Real Exchange Rate
Author:   Angel Calderon-Madrid
Publisher:   Not Avail
ISBN:  

9786613962607


Pages:   141
Publication Date:   06 October 1995
Format:   Electronic book text
Availability:   Available To Order   Availability explained
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The Role of Private Financial Wealth in a Portfolio Model: A Study of the Effects of Fiscal Deficits on the Real Exchange Rate


Overview

This book considers the implications for the dynamics of the exchange rate and private financial wealth. In a model in which fiscal imbalances are allowed to change the level of domestic public indebtedness. The analysis raises the possibility of an initial appreciation followed by a depreciation and a final exchange rate appreciation. It also highlights the importance that adjustments in the stock of privately-held financial assets have for the determination and speed of medium-run effects of shocks to the economy.

Full Product Details

Author:   Angel Calderon-Madrid
Publisher:   Not Avail
Imprint:   Not Avail
ISBN:  

9786613962607


ISBN 10:   6613962600
Pages:   141
Publication Date:   06 October 1995
Audience:   General/trade ,  General
Format:   Electronic book text
Publisher's Status:   Active
Availability:   Available To Order   Availability explained
We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately.

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