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Fiscal policies and the world economy

Author: Jacob A Frenkel; Assaf Razin
Publisher: Cambridge, Mass. : MIT Press, ©1992.
Edition/Format:   Print book : English : 2nd edView all editions and formats
Database:WorldCat
Summary:

In its second edition, this text now incorporates the theoretical developments in international finance that have occurred with the recent globalization of national economies. New material includes  Read more...

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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Jacob A Frenkel; Assaf Razin
ISBN: 026206149X 9780262061490 0262560682 9780262560689
OCLC Number: 25711681
Description: xiv, 456 pages : illustrations ; 24 cm
Contents: I. Prologue. 1. Stylized Facts on Fiscal Policies and International Economic Interdependence --
II. Traditional Approaches to Fiscal Policies and International Economic Interdependence. 2. The Income-Expenditure Model: Fiscal Policies and the Determination of Output. 3. Fiscal Policies and International Capital Mobility in the Income-Expenditure Model --
III. Elements of Intertemporal Macroeconomics. 4. The Composite-Commodity World. 5. The Multiple-Good World --
IV. An Intertemporal Approach to Fiscal Policies in the World Economy. 6. Government Spending. 7. Budget Deficits with Nondistortionary Taxes: The Pure Wealth Effect. 8. An Exposition of the Two-Country Overlapping-Generations Model --
V. Distortionary Tax Incentives: Concepts and Applications. 9. Equivalence Relations in International Taxation. 10. Budget Deficits with Distortionary Taxes. 11. Fiscal Policies and the Real Exchange Rate. 12. Capital Income Taxation in the Open Economy --
VI. Stochastic Fiscal Policies. 13. International Stock Markets and Fiscal Policy --
VII. International Spillovers of Tax Policies: A Simulation Analysis. 14. Spillover Effects of International VAT Harmonization. 15. Spillover Effects of Budget Deficits --
VIII. Epilogue. 16. Analytical Overview. 17. Bibliographical Notes.
Responsibility: Jacob A. Frenkel, Assaf Razin.

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