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Macroeconomic Policies and Long-Term Growth : A Conceptual and Empirical Review / Delano Villanueva, Mohsin Khan.
- Format:
- Book
- Government document
- Author/Creator:
- Villanueva, Delano.
- Series:
- IMF Working Papers; Working Paper ; No. 1991/028
- IMF Working Papers
- Language:
- English
- Physical Description:
- 1 online resource (46 pages)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 1991.
- Language Note:
- English
- Summary:
- This paper reviews the theoretical and empirical aspects of the relationship between macroeconomic policies and the long-run rate of growth of GNP. The macroeconomic policies examined include fiscal policies, monetary and interest rate policies, external policies, and policies to reform the goods and labor markets, including adjustments of producer prices and wages. In general, the effects of these policies on growth operate directly or indirectly through their influence on investment in physical and human capital, and on factor productivity. The available empirical evidence confirms the effects of specific macroeconomic and financial policies on long-run growth.
- Notes:
- Bibliographic Level Mode of Issuance: Monograph
- Description based on print version record.
- ISBN:
- 9786613775115
- 9781462305674
- 1462305679
- 9781455231294
- 1455231290
- 9781281089755
- 1281089753
- 9781455220083
- 1455220086
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