Balance of Payments Disequilibrium and Monetary and Fiscal Policies: Theoretical and Empirical Analysis Based on Optimal Policy Rules
Project/Area Number |
20730185
|
Research Category |
Grant-in-Aid for Young Scientists (B)
|
Allocation Type | Single-year Grants |
Research Field |
Economic policy
|
Research Institution | Nagasaki University |
Principal Investigator |
KUDO Takeshi Nagasaki University, 経済学部, 准教授 (70404316)
|
Project Period (FY) |
2008 – 2009
|
Project Status |
Completed (Fiscal Year 2009)
|
Budget Amount *help |
¥2,210,000 (Direct Cost: ¥1,700,000、Indirect Cost: ¥510,000)
Fiscal Year 2009: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2008: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
|
Keywords | 金融政策 / 財政政策 / 国際収支 / 持続可能性 / マルコフ・スイッチング・モデル / 長期経済統計データ / 経常収支 |
Research Abstract |
This research shows the relationships between macroeconomic policies and balance of payments. First, we show the effects of fiscal policy on current account through the changes in private sector's behavior. Second, we show the effects of alternative investment markets on economic growth through the elimination of capital market imperfections.
|
Report
(3 results)
Research Products
(6 results)