Fiscal Consolidation, Budget Deficits and the Macro Economy

Business & Finance, Economics, Public Finance
Cover of the book Fiscal Consolidation, Budget Deficits and the Macro Economy by Lekha S Chakraborty, SAGE Publications
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Author: Lekha S Chakraborty ISBN: 9789351509882
Publisher: SAGE Publications Publication: July 18, 2016
Imprint: Sage Publications Pvt. Ltd Language: English
Author: Lekha S Chakraborty
ISBN: 9789351509882
Publisher: SAGE Publications
Publication: July 18, 2016
Imprint: Sage Publications Pvt. Ltd
Language: English

An in-depth analysis set in the context of the ongoing debate on fiscal policy vis-à-vis monetary policy

Is fiscal deficit detrimental to growth rate? Does it create macroeconomic imbalance? If so, is deficit containment a prerequisite for sustained reduction in inflation? Does fiscal deficit crowd out private investment and, if so, to what extent? Does fiscal deficit affect rate of interest?

This book analyses such debates and impacts of fiscal deficit in India, empirically, through macro econometric exercise.  Filling an existing gap, it revisits the debate on the macroeconomic effects of deficit by taking India as a case study based on a long-time series analysis from 1980–81 to 2012–13. 

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

An in-depth analysis set in the context of the ongoing debate on fiscal policy vis-à-vis monetary policy

Is fiscal deficit detrimental to growth rate? Does it create macroeconomic imbalance? If so, is deficit containment a prerequisite for sustained reduction in inflation? Does fiscal deficit crowd out private investment and, if so, to what extent? Does fiscal deficit affect rate of interest?

This book analyses such debates and impacts of fiscal deficit in India, empirically, through macro econometric exercise.  Filling an existing gap, it revisits the debate on the macroeconomic effects of deficit by taking India as a case study based on a long-time series analysis from 1980–81 to 2012–13. 

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