Fiscal deficits, expectations and exchange rates

被引：0
|
作者：
D'Souza, E
机构：
来源：
ECONOMIC AND POLITICAL WEEKLY | 1999年 / 34卷 / 16-17期
关键词：
D O I：
暂无
中图分类号：
TU98 [区域规划、城乡规划];
学科分类号：
0814 ; 082803 ; 0833 ;
摘要：
Fiscal deficits that are expected to be reversed at some unknown date in the future cause a real appreciation of the exchange rate along with an expectation of depreciation, a trade deficit, and high domestic interest rates. The expectation of depreciation will have a positive impact on investment provided a time-frame within which the deficit can be credibly reduced is charted and acted on.
引用
收藏
页码：963 / 968
页数：6
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