Title
International Aspects of Fiscal Policies (National Bureau of Economic Research Conference Report),Used
Delivery time: 8-12 business days (International)
About the Author Jacob A. Frenkel is an Israeli economist. Frenkel studied economics and political science at the Hebrew University of Jerusalem and gained an M.A. and doctorate in economics at the University of Chicago. He was a faculty member of the university from 1973 to 1987, where he was appointed David Rockefeller Professor of International Economics. Product Description This volume brings together nine papers from a conference on international macroeconomics sponsored by the NBER in 1985. International economists as well as graduate students in the fields of global monetary economics, finance, and macroeconomics will find this an outstanding contribution to current research. It includes two commentaries for each paper, written by experts in the field, and Frenkel's detailed introduction, which serves as a reader's guide to the arguments made, the models employed, and the issues raised by each contributor. The studies analyze national fiscal policies within the context of the international economic order. Malcolm D. Knight and Paul R. Masson use an empirical model to show that fiscal changes in recent years in the United States, West Germany, and Japan have caused major disturbances in net savings and investment flows. Linda S. Kole uses a twocountry simulation model to examine the effects of a large nation's expansion on exchange rates, interest rates, and the balance of payments. In other studies, Warwick J. McKibbin and Jeffrey D. Sachs discuss the influences of different currency regimes on the international transmission of inflation; Kent P. Kimbrough analyzes the interaction between optimal tax policies and international trade; Sweder van Wijnbergen investigates the interrelation of fiscal policies, trade intervention, and world interest rates; and Willem H. Buiter uses an analytical model to look at fiscal interdependence and optimal policy design. David Backus, Michael Devereux, and Douglas Purvis develop a theoretical model to investigate effects of different fiscal policies in an open economy. Alan C. Stockman looks at the influence of policy anticipation in the private sector, while Lawrence H. Summers shows the effects of differential tax policy on international competitiveness. From the Back Cover In this volume, Jacob A. Frenkel has brought together nine impressive papers from a conference on international macroeconomics sponsored by the National Bureau of Economic Research in 1985. Collectively, the papers articulate the state of current research and offer a balance of both theoretical and empirical approaches to fiscal policies.
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