Research@Lincoln
    • Login
     
    View Item 
    •   Research@Lincoln Home
    • Theses and Dissertations
    • Masters Theses
    • View Item
    •   Research@Lincoln Home
    • Theses and Dissertations
    • Masters Theses
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Fiscal policy and the external accounts : a New Zealand analysis

    Bascand, A. J.
    Abstract
    This thesis presents a New Zealand analysis, at the aggregate level, of the impact of fiscal policy on the external accounts. The theme of this research is to disclose a new method of formulating the balance of payments. There are seven chapters. The initial four chapters investigate and review: the background of the economic problem; approaches to balance of payments analysis; the state of New Zealand's balance of payments; and the impact of fiscal policy in New Zealand. The final three chapters: review previous analytical models; develop a simultaneous equation policy simulation model; and use the model to analyse the inter-relationships between Government expenditure, its consequent financing and impact upon both the private and the Government sectors' net current account position. The thesis highlights the impact of the Government's invisibles deficit, resulting from increased external borrowing, on the external current account. The major conclusion is that fiscal policy should not be used to insulate the economy from fluctuations in the external accounts, especially when financed by external borrowing.... [Show full abstract]
    Keywords
    fiscal policy; Government debt interest payments; 'invisibles' account; money multiplier; private sector's demand for imports; policy simulation; real monetary disequilibrium
    Fields of Research
    140212 Macroeconomics (incl. Monetary and Fiscal Theory); 140207 Financial Economics
    Date
    1984
    Type
    Thesis
    Collections
    • Department of Financial and Business Systems [554]
    • Masters Theses [882]
    Thumbnail
    View/Open
    bascand_mcom.pdf
    Share this

    on Twitter on Facebook on LinkedIn on Reddit on Tumblr by Email

    Metadata
     Expand record
    This service is maintained by Learning, Teaching and Library
    • Open Access Policy
    • Copyright and Reuse
    • Deposit Guidelines and FAQ
    • Contact Us
     

     

    Browse

    All of Research@LincolnCommunities & CollectionsTitlesAuthorsKeywordsBy Issue DateThis CollectionTitlesAuthorsKeywordsBy Issue Date

    My Account

    LoginRegister

    Statistics

    View Usage Statistics
    This service is maintained by Learning, Teaching and Library
    • Open Access Policy
    • Copyright and Reuse
    • Deposit Guidelines and FAQ
    • Contact Us