Fiscal Policy and the Business Cycle Associated with Exchange Rate-Based Stabilizations: Evidence from Uruguay's 1978 and 1991 Programs

1 January 1995

preprint
Published by Elsevier in SSRN Electronic Journal

https://doi.org/10.2139/ssrn.1815942

Abstract

The initial stages of exchange rate-based stabilizations have been generally characterized by a consumption boom, a deterioration of the trade balance and the c

Keywords

BUSINESS CYCLE
TRADE BALANCE
FISCAL POLICY
TAX REVENUE
CURRENT ACCOUNT

All Related Versions

Version 1, 2011-01-01, RePEc (Unconfirmed version)

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