create a website

Asymmetric effects of fiscal balance on monetary variables: evidence from large emerging economies. (2019). Tran, Ngan.
In: Empirical Economics.
RePEc:spr:empeco:v:57:y:2019:i:3:d:10.1007_s00181-018-1483-y.

Full description at Econpapers || Download paper

Cited: 1

Citations received by this document

Cites: 54

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Monetary policy reaction function: A Bayesian analysis for the BRICS. (2024). Waheed, Farah ; Maroof, Lubna ; Basit, Asma ; Rashid, Abdul.
    In: PLOS ONE.
    RePEc:plo:pone00:0307436.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Akitoby B, Stratmann T (2008) Fiscal policy and financial markets. Econ J 118(533):1971–1985.

  2. Aktas Z, Kaya N, Ozlale U (2010) Coordination between monetary policy and fiscal policy for an inflation targeting emerging market. J Int Money Finance 29:123138.

  3. Amatoa JD, Gerlach S (2002) Inflation targeting in emerging market and transition economies: lessons after a decade. Eur Econ Rev 46:781–790.

  4. Ardagna S (2009) Financial marketsbehavior around episodes of large changes in the fiscal stance. Eur Econ Rev 53(1):37–55.

  5. Baldacci E, Gupta S, Mati A (2008) Is it (still) mostly fiscal? Determinants of sovereign spreads in emerging markets. IMF Working paper No. 259.

  6. Baldacci E, Kumar MS (2010) Fiscal deficits, public debt, and sovereign bond yields. IMF Working Paper No 184.

  7. Bank W (2016) Global economic prospects, January 2016: spillovers amid weak growth. World Bank, Washington, D.C.
    Paper not yet in RePEc: Add citation now
  8. Beirne J, Fratzscher M (2013) The pricing of sovereign risk and contagion during the european sovereign debt crisis. J Int Money Finance 34:60–82.

  9. Belhocine N, DellErba S (2013) The impact of debt sustainability and the level of debt on emerging markets spreads. IMF Working paper No. 93.

  10. Blanchard O (2004) Fiscal dominance and inflation targeting: lessons from Brazil. NBER Working paper series No. 10389.

  11. Bohn H (1998) The behavior of U.S. public debt and deficits. Q J Econ 113(3):949–963.

  12. Bouakez H, Eyquem A (2015) Government spending, monetary policy, and the real exchange rate. J Int Money Finance 56:178–201.

  13. Canzoneri M, Cumby R, Diba B (2011) The interaction between monetary and fiscal policy, vol 3B. North-Holland, The Netherlands, book section Chap. 17:935–999.
    Paper not yet in RePEc: Add citation now
  14. Canzoneri MB, Cumby RE, Diba BT (2002) Should the European Central Bank and the Federal Reserve be concerned about fiscal policy?.

  15. Cecchetti SG, Mohanty MS, Zampolli F (2010) The future of public debt: prospects and implications. BIS Working Paper (No. 300).

  16. Celasun O, Gelos RG, Prati A (2004) Obstacles to disinflation: What is the role of fiscal expectations? Econ Policy 19(40):441–481.

  17. Cerisola M, Gelos RG (2005) What drives inflation expectations in Brazil? An empirical analysis. IMF Working Papers (No. 05/109).

  18. Collignon S (2012) Fiscal policy rules and the sustainability of public debt in Europe. Int Econ Revi 53(2):539–567.

  19. Corsetti G, Meier A, Mller GJ (2012) Fiscal stimulus with spending reversals. Rev Econ Stat 94(4):878–895.

  20. Dai Q, Philippon T (2005) Fiscal policy and the term structure of interest rates. NBER Working Paper No. 11574.

  21. DellErba S, Baldacci E, Poghosyan T (2013) Spatial spillovers in emerging market spreads. Empir Econ 45(2):735–756.

  22. Dungey M, Fry R (2009) The identification of fiscal and monetary policy in a structural var. Econ Model 26(6):1147–1160.

  23. Eichengreen B (2002) Can emerging markets float? should they inflation target? Banco Central do Brasil Working paper series No. 36.

  24. Enders Z, Mller G J, Scholl A (2011) How do fiscal and technology shocks affect real exchange rates? New evidence for the United States. J Int Econ 83(1):53–69.
    Paper not yet in RePEc: Add citation now
  25. Engen EM, Hubbard RG (2004) Federal government debt and interest rates. NBER Working paper No. 10681.

  26. Ersel H, zatay F (2008) Fiscal dominance and inflation targeting: lessons from Turkey. Emerg Mark Finance Trade 44(6):38–51.

  27. Ewing BT, Payne JE, Thompson MA, Al-Zoubi OM (2006) Government expenditures and revenues: evidence from asymmetric modeling. South Econ J 73(1):190–200.

  28. Favero C, Giavazzi F (2004) Inflation targeting and debt: lessons from Brazil. NBER Working paper series No. 10390.

  29. Flandreau M, Cacheux JL, Zumer F, Dornbusch R, Honohan P (1998) Stability without a pact? Lessons from the European gold standard, 1880–1914. Econ Policy 13(26):115–162.

  30. Fleming M (1962) Domestic financial policies under fixed and under floating exchange rates. IMF Staff Pap 9(3):369–380.
    Paper not yet in RePEc: Add citation now
  31. Gale WG, Orszag PR (2004) Budget deficits, national saving, and interest rates. Brook Pap Econ Act 35(2):101–210.

  32. Giavazzi F, Jappelli T, Pagano M (2000) Searching for non-linear effects of fiscal policy: evidence from industrial and developing countries. Eur Econ Rev 44:1291–1326.

  33. Haugh D, Ollivaud P, Turner D (2009) What drives sovereign risk premiums?: An analysis of recent evidence from the euro area. OECD Economics Department Working Papers No. 718.

  34. Hebous S (2011) The effects of discretionary fiscal policy on macroeconomic aggregates: a reappraisal. J Econ Surv 25(4):674–707.

  35. IMF (2016a) Fiscal monitor: acting now, acting together. Report, International Monetary Fund.
    Paper not yet in RePEc: Add citation now
  36. IMF (2016b) IMF executive board concludes 2016 article iv consultation with turkey. Report, International Monetary Fund.
    Paper not yet in RePEc: Add citation now
  37. Katrakilidis C, Trachanas E (2012) What drives housing price dynamics in Greece: new evidence from asymmetric ardl cointegration. Econ Model 29(4):1064–1069.

  38. Kim S, Roubini N (2008) Twin deficit or twin divergence? Fiscal policy, current account, and real exchange rate in the U.S. J Int Econ 78(2):362–383.

  39. Lopez E, Riquelme V, Muoz E (2011) Long term interest rate and fiscal policy. Working Papers Central Bank of Chile No. 633.

  40. Mishkin F (2004) Can inflation targeting work in emerging market countries? NBER Working paper series No. 10646.

  41. Monacelli T, Perotti R (2010) Fiscal policy, the real exchange rate and traded goods. Econ J 120(544):437–461.

  42. Mundell R (1963) Capital mobility and stabilization policy under fixed and flexible exchange rates. Can J Econ Polit Sci 29(4):475–485.
    Paper not yet in RePEc: Add citation now
  43. Pahlavani M (2005) Analysing the trade-GDP nexus in Iran: a bounds testing approach. Economics Working Papers: School of Economics, University of Wollongong, NSW, Australia, vol 05, No. 25.

  44. Peiris SJ (2010) Foreign participation in emerging markets local currency bond markets. IMF working Paper (No. 10/88), pp 1–19.

  45. Pesaran MH, Shin Y (1999) An autoregressive distributed lag modelling approach to cointegration analysis, Chapter 11 in Econometrics and economic theory in the 20th century. In: The Ragnar Frish Centennial Symposium. Cambridge University Press, Cambridge.
    Paper not yet in RePEc: Add citation now
  46. Pesaran MH, Shin Y, Smith RJ (2001) Bounds testing approaches to the analysis of level relationships. J Appl Econ 6(3):289–326.

  47. Reinhart C, Rogoff K, Savastano MA (2004) Debt intolerance. Brook Pap Econ Act 34:1–74.

  48. Reinhart CM, Rogoff KS (2010) Growth in a time of debt. Am Econ Rev 100:573–578.

  49. Sargent TJ, Wallace N (1981) Some unpleasant monetarist arithmetic. Fed Reserve Bank Minneap Q Rev 5(3):1–18.
    Paper not yet in RePEc: Add citation now
  50. Schuknecht L, Hagen J, v, Wolswijk G (2009) Government risk premiums in the bond market: Emu and Canada. Eur J Polit Econ 25(3):371–384.

  51. Shin Y, Yu B, Greenwood-Nimmo M (2014) Modelling asymmetric cointegration and dynamic multipliers in a nonlinear ARDL framework. Springer, New York, pp 281–314.
    Paper not yet in RePEc: Add citation now
  52. Tomsik V (2012) Some insights into monetary and fiscal policy interactions in the Czech Republic. BIS papers No. 67.

  53. Trachanas E, Katrakilidis C (2013) Fiscal deficits under financial pressure and insolvency: evidence for Italy, Greece and Spain. J Policy Model 35:730749.

  54. Zoli E (2005) How does fiscal policy affect monetary policy in emerging market countries? BIS papers No. 174.

Cocites

Documents in RePEc which have cited the same bibliography

  1. Determinants of market‐assessed sovereign default risk: Macroeconomic fundamentals or global shocks?. (2024). Cho, Dooyeon ; Rhee, Dongeun.
    In: International Finance.
    RePEc:bla:intfin:v:27:y:2024:i:1:p:35-60.

    Full description at Econpapers || Download paper

  2. Risk preferences, global market conditions and foreign debt: Is there any role for the currency composition of FX reserves?. (2023). Mateane, Lebogang.
    In: Research in Economics.
    RePEc:eee:reecon:v:77:y:2023:i:3:p:402-418.

    Full description at Econpapers || Download paper

  3. Inflation targeting and the composition of public expenditure: Evidence from developing countries. (2023). Minea, Alexandru ; Combes, Jean-Louis ; Apeti, Ablam Estel.
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:76:y:2023:i:c:s016407042300023x.

    Full description at Econpapers || Download paper

  4. Distributional Consequences of Monetary Policy in Emerging Economies: Dollarization, Domestic Inflation, and Income Divergence. (2022). Ybrayev, Zhandos.
    In: Comparative Economic Studies.
    RePEc:pal:compes:v:64:y:2022:i:2:d:10.1057_s41294-021-00163-2.

    Full description at Econpapers || Download paper

  5. Sovereign Spreads and Corporate Taxation. (2022). Pallan, Hayley.
    In: IHEID Working Papers.
    RePEc:gii:giihei:heidwp15-2022.

    Full description at Econpapers || Download paper

  6. Examining the asymmetric impact of macroeconomic policy in the UAE: Evidence from quartile impulse responses and machine learning. (2022). Polyzos, Efstathios.
    In: The Journal of Economic Asymmetries.
    RePEc:eee:joecas:v:26:y:2022:i:c:s1703494922000275.

    Full description at Econpapers || Download paper

  7. The rewards of fiscal consolidations: Sovereign spreads and confidence effects. (2022). David, Antonio ; Yepez, Juan F ; Guajardo, Jaime.
    In: Journal of International Money and Finance.
    RePEc:eee:jimfin:v:123:y:2022:i:c:s0261560622000055.

    Full description at Econpapers || Download paper

  8. Euro Area Periphery Countries Fiscal Policy and Monetary Policy Surprises. (2022). Rottmann, Horst ; Hülsewig, Oliver ; Hulsewig, Oliver.
    In: Oxford Bulletin of Economics and Statistics.
    RePEc:bla:obuest:v:84:y:2022:i:3:p:544-568.

    Full description at Econpapers || Download paper

  9. Euro area periphery countries fiscal policy and monetary policy surprises. (2021). Rottmann, Horst ; Hülsewig, Oliver ; Hulsewig, Oliver.
    In: Weidener Diskussionspapiere.
    RePEc:zbw:hawdps:81.

    Full description at Econpapers || Download paper

  10. How giant discoveries of natural resources impact sovereign debt ratings in developing and emerging countries ?. (2021). Seri, Regina.
    In: Working Papers.
    RePEc:hal:wpaper:hal-03144330.

    Full description at Econpapers || Download paper

  11. Does the composition of government spending matter for government bond spreads?. (2021). Sawadogo, Pegdewende ; Minea, Alexandru ; Combes, Jean-Louis.
    In: Post-Print.
    RePEc:hal:journl:hal-02887274.

    Full description at Econpapers || Download paper

  12. Impact of interest rates on the life insurance market development: Cross-country evidence. (2021). Frana, Joo Vinicius ; Sampaio, Joelson Oliveira ; Flores, Eduardo.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:58:y:2021:i:c:s0275531921000659.

    Full description at Econpapers || Download paper

  13. Asymmetric Effects of Fiscal Deficit on Monetary Policy Transmission in Tanzania. (2021). , Michael ; Mwankemwa, Lusajo P.
    In: African Journal of Economic Review.
    RePEc:ags:afjecr:315812.

    Full description at Econpapers || Download paper

  14. Can fiscal rules improve financial market access for developing countries?. (2020). Sawadogo, Pegdewende.
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:65:y:2020:i:c:s0164070420301403.

    Full description at Econpapers || Download paper

  15. How can states benefit from the equity premium puzzle? Debt as revenue source for Swiss cantons. (2019). SOGUEL, Nils ; Christen, Ramon.
    In: Swiss Journal of Economics and Statistics.
    RePEc:spr:sjecst:v:155:y:2019:i:1:d:10.1186_s41937-019-0030-x.

    Full description at Econpapers || Download paper

  16. Asymmetric effects of fiscal balance on monetary variables: evidence from large emerging economies. (2019). Tran, Ngan.
    In: Empirical Economics.
    RePEc:spr:empeco:v:57:y:2019:i:3:d:10.1007_s00181-018-1483-y.

    Full description at Econpapers || Download paper

  17. Does the composition of government expenditures matter for sovereign bond spreads evolution in developing countries?. (2019). Sawadogo, Pegdewende ; Minea, Alexandru ; Combes, Jean-Louis.
    In: Working Papers.
    RePEc:hal:wpaper:halshs-02019063.

    Full description at Econpapers || Download paper

  18. Quantitative easing and sovereign yield spreads: Euro-area time-varying evidence. (2019). Jalles, Joao ; Afonso, Antonio.
    In: Journal of International Financial Markets, Institutions and Money.
    RePEc:eee:intfin:v:58:y:2019:i:c:p:208-224.

    Full description at Econpapers || Download paper

  19. Dynamics between stock market movements and fiscal policy: Empirical evidence from emerging Asian economies. (2018). Hoai, Thi Mai ; Llorca, Matthieu ; Bui, Duy-Tung.
    In: Pacific-Basin Finance Journal.
    RePEc:eee:pacfin:v:51:y:2018:i:c:p:65-74.

    Full description at Econpapers || Download paper

  20. Government spending effects in low-income countries. (2018). Yang, Shu-Chun ; Shen, Wenyi ; Zanna, Luis-Felipe.
    In: Journal of Development Economics.
    RePEc:eee:deveco:v:133:y:2018:i:c:p:201-219.

    Full description at Econpapers || Download paper

  21. The Greek great depression:a general equilibrium study of its drivers. (2017). Papageorgiou, Dimitris ; Economides, George ; Philippopoulos, Apostolis.
    In: Working Papers.
    RePEc:bog:wpaper:234.

    Full description at Econpapers || Download paper

  22. The driving forces of the current Greek great depression. (2017). Papageorgiou, Dimitris ; Economides, George ; Philippopoulos, Apostolis.
    In: Working Papers.
    RePEc:aeb:wpaper:201703:y:2017.

    Full description at Econpapers || Download paper

  23. On the Stock Markets’ Reactions to Taxation and Public Expenditure. (2016). Napolitano, Oreste ; Foresti, Pasquale.
    In: LEQS – LSE 'Europe in Question' Discussion Paper Series.
    RePEc:eiq:eileqs:115.

    Full description at Econpapers || Download paper

  24. Sovereign debt markets in light of the shadow economy. (2016). schneider, friedrich ; Markellos, Raphael ; Psychoyios, Dimitris.
    In: European Journal of Operational Research.
    RePEc:eee:ejores:v:252:y:2016:i:1:p:220-231.

    Full description at Econpapers || Download paper

  25. Fiscal and monetary policies in the BRICS: A panel VAR approach. (2016). Sousa, Ricardo ; Mallick, Sushanta ; JAWADI, Fredj.
    In: Economic Modelling.
    RePEc:eee:ecmode:v:58:y:2016:i:c:p:535-542.

    Full description at Econpapers || Download paper

  26. Current account norms in natural resource rich and capital scarce economies. (2016). Poplawski-Ribeiro, Marcos ; Zanna, Luis-Felipe ; Araujo, Juliana D ; Li, Bin Grace.
    In: Journal of Development Economics.
    RePEc:eee:deveco:v:120:y:2016:i:c:p:144-156.

    Full description at Econpapers || Download paper

  27. Does austerity pay off?. (2015). Pfeifer, Johannes ; Müller, Gernot ; Born, Benjamin ; Muller, Gernot J..
    In: SAFE Working Paper Series.
    RePEc:zbw:safewp:77.

    Full description at Econpapers || Download paper

  28. The Role of International Reserves in Sovereign Debt Restructuring under Fiscal Adjustment. (2015). Tavares, Tiago.
    In: MPRA Paper.
    RePEc:pra:mprapa:87423.

    Full description at Econpapers || Download paper

  29. The Role of International Reserves in Sovereign Debt Restructuring under Fiscal Adjustment. (2015). Tavares, Tiago.
    In: MPRA Paper.
    RePEc:pra:mprapa:66962.

    Full description at Econpapers || Download paper

  30. Nonlinear effects of asset prices on fiscal policy: Evidence from the UK, Italy and Spain. (2015). Sousa, Ricardo ; Dufrénot, Gilles ; Agnello, Luca ; Dufrenot, Gilles.
    In: Economic Modelling.
    RePEc:eee:ecmode:v:44:y:2015:i:c:p:358-362.

    Full description at Econpapers || Download paper

  31. A Macroeconomic Analysis of Energy Subsidies in a Small Open Economy. (2015). Jung, Juergen ; Glomm, Gerhard.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_5201.

    Full description at Econpapers || Download paper

  32. Does austerity pay off?. (2014). Pfeifer, Johannes ; Müller, Gernot ; Born, Benjamin ; Muller, Gernot.
    In: VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy.
    RePEc:zbw:vfsc14:100301.

    Full description at Econpapers || Download paper

  33. Effectiveness of countercyclical fiscal policy: Evidence from developing Asia. (2014). PARK, DONGHYUN ; Mallick, Sushanta ; Jha, Shikha ; Quising, Pilipinas F..
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:40:y:2014:i:c:p:82-98.

    Full description at Econpapers || Download paper

  34. Currency substitution, risk premia and the Taylor principle. (2014). Airaudo, Marco.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:48:y:2014:i:c:p:202-217.

    Full description at Econpapers || Download paper

  35. AN ANALYSIS OF THE EFFECT OF CURRENCY MISMATCH ON A COUNTRY’S DEFAULT RISK. (2014). Jankovic, Irena ; Zivkovic, Bosko .
    In: Economic Annals.
    RePEc:beo:journl:v:59:y:2014:i:201:p:85-122.

    Full description at Econpapers || Download paper

  36. Spatial spillovers in emerging market spreads. (2013). Poghosyan, Tigran ; Dellerba, Salvatore ; Baldacci, Emanuele.
    In: Empirical Economics.
    RePEc:spr:empeco:v:45:y:2013:i:2:p:735-756.

    Full description at Econpapers || Download paper

  37. Policy Challenge of Resource-Rich Developing Countries: Case of Mongolia. (2013). Byambasuren, Tsenguunjav ; Erdenebold, Uranzaya ; Otgonbayar, Baasansuren .
    In: MPRA Paper.
    RePEc:pra:mprapa:61559.

    Full description at Econpapers || Download paper

  38. Bond yields in emerging economies: It matters what state you are in. (2013). Weber, Anke ; Jaramillo, Laura.
    In: Emerging Markets Review.
    RePEc:eee:ememar:v:17:y:2013:i:c:p:169-185.

    Full description at Econpapers || Download paper

  39. Stock market response to monetary and fiscal policy shocks: Multi-country evidence. (2013). Filis, George ; Duffy, David ; Chatziantoniou, Ioannis.
    In: Economic Modelling.
    RePEc:eee:ecmode:v:30:y:2013:i:c:p:754-769.

    Full description at Econpapers || Download paper

  40. Does financial system activity affect tax revenue in Malaysia? Bounds testing and causality approach. (2013). taha, roshaiza ; Loganathan, Nanthakumar ; Colombage, Sisira ; Maslyuk, Svetlana ; Nanthakumar, Loganathan ; Colombage, Sisira R. N., .
    In: Journal of Asian Economics.
    RePEc:eee:asieco:v:24:y:2013:i:c:p:147-157.

    Full description at Econpapers || Download paper

  41. Bottlenecks in ramping up public investment. (2012). van der Ploeg, Frederick (Rick).
    In: International Tax and Public Finance.
    RePEc:kap:itaxpf:v:19:y:2012:i:4:p:509-538.

    Full description at Econpapers || Download paper

  42. Default Risk on Government Bonds, Deflation, and Inflation. (2012). Oguro, Kazumasa ; Sato, Motohiro.
    In: CIS Discussion paper series.
    RePEc:hit:cisdps:537.

    Full description at Econpapers || Download paper

  43. How does fiscal policy react to wealth composition and asset prices?. (2012). Sousa, Ricardo ; Castro, Vitor ; Agnello, Luca.
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:34:y:2012:i:3:p:874-890.

    Full description at Econpapers || Download paper

  44. Sovereign debt and corporate borrowing costs in emerging markets. (2012). Agca, Senay ; Celasun, Oya ; Aca, Enay.
    In: Journal of International Economics.
    RePEc:eee:inecon:v:88:y:2012:i:1:p:198-208.

    Full description at Econpapers || Download paper

  45. Bottlenecks in Ramping Up Public Investment. (2011). van der Ploeg, Frederick (Rick).
    In: OxCarre Working Papers.
    RePEc:oxf:oxcrwp:066.

    Full description at Econpapers || Download paper

  46. How Does Fiscal Policy React to Wealth Composition and Asset Prices?. (2011). Sousa, Ricardo ; Castro, Vitor ; Agnello, Luca.
    In: GEMF Working Papers.
    RePEc:gmf:wpaper:2011-18.

    Full description at Econpapers || Download paper

  47. What are the effects of fiscal policy on asset markets?. (2011). Sousa, Ricardo ; Afonso, Antonio.
    In: Economic Modelling.
    RePEc:eee:ecmode:v:28:y:2011:i:4:p:1871-1890.

    Full description at Econpapers || Download paper

  48. Default Risk Premia on Government Bonds in a Quantitative Macroeconomic Model. (2009). Schabert, Andreas ; Juessen, Falko ; Linnemann, Ludger.
    In: Tinbergen Institute Discussion Papers.
    RePEc:tin:wpaper:20090102.

    Full description at Econpapers || Download paper

  49. Managing Resource Revenues in Developing. (2009). Venables, Anthony ; van der Ploeg, Frederick (Rick) ; Spence, A. ; Collier, Paul.
    In: OxCarre Working Papers.
    RePEc:oxf:oxcrwp:015.

    Full description at Econpapers || Download paper

  50. How Effective is Fiscal Policy Response in Systemic Banking Crises?. (2009). Gupta, Sanjeev ; Baldacci, Emanuele ; Mulas-Granados, Carlos.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2009/160.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-10-04 03:02:44 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.