Sustaining Domestic Budget Deficits in Open Economies (English, Farrokh Langdana)
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Book Details
Publisher
Routledge
Language
English
ISBN-13
9780415037358
ISBN-10
0415037352
Author
Farrokh Langdana
About the Book
In recent times the US economy has been characterised by burgeoning budget and current account deficits and increasing amounts of foreign capital inflows. For the UK too, the budget deficit remains a central weakness in the economy. In the light of these problems this book presents a consistent economic framework for analysing the effects and implications of large bond-financed deficits. The author uses an open-economy rational expectations model…
ISBN: 9780415037358
ISBN-13: 9780415037358
ISBN-10: 0415037352
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Product ID: isbn-9780415037358
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