by Summary:
Not all "automatic stabilisers" in the economy are due to government policy; there are patterns of private sector behaviour that tend to act in a counter-cyclical fashion. The role of the external sector is an important stabiliser (at least most of the time). This article is a basic primer on the subject.... Bond Economics Exports And The CycleBrian Romanchuk
Topics:
Mike Norman considers the following as important: exorbitant privilege, exports. automatic stabilization, government policy, J curve, reserve currency, trade, Trade Balance
This could be interesting, too:
Not all "automatic stabilisers" in the economy are due to government policy; there are patterns of private sector behaviour that tend to act in a counter-cyclical fashion. The role of the external sector is an important stabiliser (at least most of the time). This article is a basic primer on the subject.... Bond Economics Exports And The CycleBrian Romanchuk
Topics:
Mike Norman considers the following as important: exorbitant privilege, exports. automatic stabilization, government policy, J curve, reserve currency, trade, Trade Balance
This could be interesting, too:
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Not all "automatic stabilisers" in the economy are due to government policy; there are patterns of private sector behaviour that tend to act in a counter-cyclical fashion. The role of the external sector is an important stabiliser (at least most of the time). This article is a basic primer on the subject....Bond Economics
Exports And The Cycle
Brian Romanchuk