Show simple item record

dc.contributor.authorJ. Makin, Anthonyen_US
dc.contributor.editorDarwin Hallen_US
dc.date.accessioned2017-05-03T12:19:35Z
dc.date.available2017-05-03T12:19:35Z
dc.date.issued2004en_US
dc.date.modified2007-10-10T07:12:47Z
dc.identifier.issn10743529en_US
dc.identifier.urihttp://hdl.handle.net/10072/15201
dc.description.abstractThis paper presents a new framework for analysing the simultaneous determination of current account imbalances and the path of national income. Using standard macroeconomic behavioral relationships, it first examines how and why current account deficits matter by investigating links between domestic consumption, government spending, output, saving, investment, interest rates and capital flows. Central to the model is the distinction between aggregate output and expenditure that enables dissection of the effects of discretionary fiscal policy on the current account and national income. The framework yields results relevant to the 'twin deficits' hypothesis that are contrary to those of standard models.en_US
dc.description.peerreviewedYesen_US
dc.description.publicationstatusYesen_AU
dc.format.extent116983 bytes
dc.format.mimetypeapplication/pdf
dc.languageEnglishen_US
dc.language.isoen_AU
dc.publisherOxford University Pressen_US
dc.publisher.placeCary, North Carolinaen_US
dc.publisher.urihttp://www.blackwellpublishing.com/en_AU
dc.relation.ispartofpagefrom309en_US
dc.relation.ispartofpageto317en_US
dc.relation.ispartofissue3en_US
dc.relation.ispartofjournalContemporary Economic Policyen_US
dc.relation.ispartofvolume22en_US
dc.subject.fieldofresearchcode340102en_US
dc.titleThe Current Account, Fiscal Policy and Medium Run Income Determinationen_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Peer Reviewed (HERDC)en_US
dc.type.codeC - Journal Articlesen_US
gro.rights.copyrightCopyright 2004 Blackwell Publishing. This is the author-manuscript version of the paper. Reproduced in accordance with the copyright policy of the publisher. The definitive version is available at www.blackwell-synergy.comen_AU
gro.date.issued2004
gro.hasfulltextFull Text


Files in this item

This item appears in the following Collection(s)

  • Journal articles
    Contains articles published by Griffith authors in scholarly journals.

Show simple item record