2009 Fiscal Year Final Research Report
Balance of Payments Disequilibrium and Monetary and Fiscal Policies: Theoretical and Empirical Analysis Based on Optimal Policy Rules
| Project/Area Number |
20730185
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| Research Category |
Grant-in-Aid for Young Scientists (B)
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| Allocation Type | Single-year Grants |
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| Research Field |
Economic policy
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| Research Institution | Nagasaki University |
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Principal Investigator |
KUDO Takeshi Nagasaki University, 経済学部, 准教授 (70404316)
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| Project Period (FY) |
2008 – 2009
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| Keywords | 金融政策 / 財政政策 / 国際収支 |
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| 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.
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