Macroeconomic Policies and Long-Term Growth: A Conceptual and Empirical Review
This paper reviews the theoretical and empirical aspects of the relationship between macroeconomic policies and the long-run rate of growth of GNP. The macroeconomic policies examined include fiscal policies, monetary and interest rate policies, external policies, and policies to reform the goods an...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
International Monetary Fund
1991
|
| Series: | IMF Working Papers
Working Paper No. 91/28 |
| Online Access: | BSB01 FAN01 FHA01 FKE01 FLA01 FNU01 LCO01 SBG01 SBR01 TUM01 UBA01 UBG01 UBM01 UBR01 UBT01 UBW01 UBY01 UEI01 UER01 UPA01 Volltext |
| Summary: | This paper reviews the theoretical and empirical aspects of the relationship between macroeconomic policies and the long-run rate of growth of GNP. The macroeconomic policies examined include fiscal policies, monetary and interest rate policies, external policies, and policies to reform the goods and labor markets, including adjustments of producer prices and wages. In general, the effects of these policies on growth operate directly or indirectly through their influence on investment in physical and human capital, and on factor productivity. The available empirical evidence confirms the effects of specific macroeconomic and financial policies on long-run growth |
| Physical Description: | 1 Online-Ressource (46 p) |
| ISBN: | 1451844565 9781451844566 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:20Z |
| indexdate | 2024-07-10T09:35:28Z |
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| isbn | 1451844565 9781451844566 |
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| spelling | Villanueva, Delano Verfasser (DE-588)170728919 aut Macroeconomic Policies and Long-Term Growth A Conceptual and Empirical Review Villanueva, Delano Washington, D.C International Monetary Fund 1991 1 Online-Ressource (46 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 91/28 This paper reviews the theoretical and empirical aspects of the relationship between macroeconomic policies and the long-run rate of growth of GNP. The macroeconomic policies examined include fiscal policies, monetary and interest rate policies, external policies, and policies to reform the goods and labor markets, including adjustments of producer prices and wages. In general, the effects of these policies on growth operate directly or indirectly through their influence on investment in physical and human capital, and on factor productivity. The available empirical evidence confirms the effects of specific macroeconomic and financial policies on long-run growth Online-Ausg Khan, Mohsin S. 1946- Sonstige (DE-588)12874944X oth http://elibrary.imf.org/view/IMF001/04399-9781451844566/04399-9781451844566/04399-9781451844566.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Villanueva, Delano Macroeconomic Policies and Long-Term Growth A Conceptual and Empirical Review |
| title | Macroeconomic Policies and Long-Term Growth A Conceptual and Empirical Review |
| title_auth | Macroeconomic Policies and Long-Term Growth A Conceptual and Empirical Review |
| title_exact_search | Macroeconomic Policies and Long-Term Growth A Conceptual and Empirical Review |
| title_exact_search_txtP | Macroeconomic Policies and Long-Term Growth A Conceptual and Empirical Review |
| title_full | Macroeconomic Policies and Long-Term Growth A Conceptual and Empirical Review Villanueva, Delano |
| title_fullStr | Macroeconomic Policies and Long-Term Growth A Conceptual and Empirical Review Villanueva, Delano |
| title_full_unstemmed | Macroeconomic Policies and Long-Term Growth A Conceptual and Empirical Review Villanueva, Delano |
| title_short | Macroeconomic Policies and Long-Term Growth |
| title_sort | macroeconomic policies and long term growth a conceptual and empirical review |
| title_sub | A Conceptual and Empirical Review |
| url | http://elibrary.imf.org/view/IMF001/04399-9781451844566/04399-9781451844566/04399-9781451844566.xml |
| work_keys_str_mv | AT villanuevadelano macroeconomicpoliciesandlongtermgrowthaconceptualandempiricalreview AT khanmohsins macroeconomicpoliciesandlongtermgrowthaconceptualandempiricalreview |