2009 Fiscal Year Final Research Report

Balance of Payments Disequilibrium and Monetary and Fiscal Policies: Theoretical and Empirical Analysis Based on Optimal Policy Rules

Research Project

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
Keywords	金融政策 / 財政政策 / 国際収支
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.

(3 results)