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- W1601271503 abstract "This paper develops a framework for analyzing the effects of fiscal policy on the real exchange rate. The short-run impact of various types of fiscal measures are considered as well as the dynamics of adjustment to long-run steady states. The analysis and related simulations suggest that the effect of fiscal policy changes on the real exchange rate can vary widely and will depend closely on a number of structural features, including the degree of asset substitutability,the composition of government spending, and the initial size of the public debt and net external position." @default.
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- W1601271503 date "1984-01-01" @default.
- W1601271503 modified "2023-10-04" @default.
- W1601271503 title "Real Exchange Rate Effects of Fiscal Policy" @default.
- W1601271503 doi "https://doi.org/10.3386/w1255" @default.
- W1601271503 hasPublicationYear "1984" @default.
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