Economic implications from deficit finance



Faculty/Professorship: Public Economics  
Author(s): Gaber, Stevan
Editors: Wenzel, Heinz-Dieter
Other Contributing Persons: Stübben, Felix
Corporate Body: BERG (Bamberg Economic Research Group)
Publisher Information: Bamberg : opus
Year of publication: 2014
Pages: 19 ; Diagramme
ISBN: 978-3-931052-77-5
Series ; Volume: BERG working paper series ; 69 
Source/Other editions: zuerst erschienen im BERG-Verlag, 2010
Year of first publication: 2010
Language(s): English
Licence: German Act on Copyright 
URN: urn:nbn:de:bvb:473-opus4-33344
Abstract: 
The paper enlightens popular part of the budget policy – deficit finance. In the process of securing economic conditions to surpass the current economic crises, the governments all over the world incline towards debt deficit finance. The intention is to describe the implications such as multiplier effect, crowding out effect, correlation between budget and trade deficit. One of them are positive, they increase the aggregate demand and national income, other negative in term that they crowd out the private sector from the capital market under increased demand for loanable funds.
Keywords: Budget deficit, Crowding out, Exchange rates, Twin deficits
Type: Workingpaper
URI: https://fis.uni-bamberg.de/handle/uniba/1453
Year of publication: 21. August 2014

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