External Imbalances and Fiscal Policy in the Group of Three Countries: The Role of Stock-Flow Dynamics
28 Pages Posted: 15 Feb 2006
Date Written: October 4, 1989
This paper discusses recent empirical research on the interplay between fiscal policies and external imbalances in the G3 countries, focusing on the stock-flow dynamics of public and foreign deficits and debt accumulation.
JEL Classification: 320, 400
Suggested Citation: Suggested Citation