Fiscal Policy, the Real Exchange Rate and Commodity Prices:
The role of the international commodity market in transmitting disturbances is considered in a model that incorporates commodities as an input in production. The analysis employs a three-country framework: a liquidity-constrained commodity supplier and two industrial countries that import the commod...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
1990
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Schriftenreihe: | IMF Working Papers
Working Paper No. 90/91 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | The role of the international commodity market in transmitting disturbances is considered in a model that incorporates commodities as an input in production. The analysis employs a three-country framework: a liquidity-constrained commodity supplier and two industrial countries that import the commodity, export differentiated manufactured goods and hold the outstanding debt of the commodity exporter. In this setting the impact of changes in fiscal policy, commodity supplies, and the real interest rate are assessed. Particular attention is paid to the responses of the real exchange rate, commodity prices, and the international distribution of debt to the various shocks |
Beschreibung: | 1 Online-Ressource (20 p) |
ISBN: | 145185143X 9781451851434 |
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spelling | Reinhart, Carmen Verfasser aut Fiscal Policy, the Real Exchange Rate and Commodity Prices Reinhart, Carmen Washington, D.C International Monetary Fund 1990 1 Online-Ressource (20 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 90/91 The role of the international commodity market in transmitting disturbances is considered in a model that incorporates commodities as an input in production. The analysis employs a three-country framework: a liquidity-constrained commodity supplier and two industrial countries that import the commodity, export differentiated manufactured goods and hold the outstanding debt of the commodity exporter. In this setting the impact of changes in fiscal policy, commodity supplies, and the real interest rate are assessed. Particular attention is paid to the responses of the real exchange rate, commodity prices, and the international distribution of debt to the various shocks Online-Ausg http://elibrary.imf.org/view/IMF001/02525-9781451851434/02525-9781451851434/02525-9781451851434.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Reinhart, Carmen Fiscal Policy, the Real Exchange Rate and Commodity Prices |
title | Fiscal Policy, the Real Exchange Rate and Commodity Prices |
title_auth | Fiscal Policy, the Real Exchange Rate and Commodity Prices |
title_exact_search | Fiscal Policy, the Real Exchange Rate and Commodity Prices |
title_exact_search_txtP | Fiscal Policy, the Real Exchange Rate and Commodity Prices |
title_full | Fiscal Policy, the Real Exchange Rate and Commodity Prices Reinhart, Carmen |
title_fullStr | Fiscal Policy, the Real Exchange Rate and Commodity Prices Reinhart, Carmen |
title_full_unstemmed | Fiscal Policy, the Real Exchange Rate and Commodity Prices Reinhart, Carmen |
title_short | Fiscal Policy, the Real Exchange Rate and Commodity Prices |
title_sort | fiscal policy the real exchange rate and commodity prices |
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