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      <record key="001" att1="001" value="135976" att2="135976">001   135976</record>
      <field key="037" subkey="x">englisch</field>
      <field key="050" subkey="x">Forschungsbericht</field>
      <field key="076" subkey="">Ökonomie</field>
      <field key="079" subkey="y">http://www.ihs.ac.at/publications/eco/es-96.pdf</field>
      <field key="079" subkey="z">Fisher, Walter H. - et al., Intertemporal Budget Policies and Macroeconomic Adjustment in a Small Open Economy (pdf)</field>
      <field key="079" subkey="y">http://ideas.repec.org/p/ihs/ihsesp/96.html</field>
      <field key="079" subkey="z">Institute for Advanced Studies. Economics Series; 96 (RePEc)</field>
      <field key="100" subkey="">Fisher, Walter H.</field>
      <field key="103" subkey="">Department of Economics and Finance, Institute for Advanced Studies</field>
      <field key="104" subkey="a">Bianconi, Marcelo</field>
      <field key="107" subkey="">Department of Economics, Tufts University</field>
      <field key="331" subkey="">Intertemporal Budget Policies and Macroeconomic Adjustment in a Small Open Economy</field>
      <field key="403" subkey="">1. Ed.</field>
      <field key="410" subkey="">Wien</field>
      <field key="412" subkey="">Institut für Höhere Studien</field>
      <field key="425" subkey="">2001, February</field>
      <field key="433" subkey="">31 pp.</field>
      <field key="451" subkey="">Institut für Höhere Studien; Reihe Ökonomie; 96</field>
      <field key="451" subkey="h">Kunst, Robert M. (Ed.) ; Fisher, Walter (Assoc. Ed.) ; Ritzberger, Klaus (Assoc. Ed.)</field>
      <field key="461" subkey="">Economics Series</field>
      <field key="517" subkey="c">from the Table of Contents: Introduction; The Model; The Open Economy Growth Equilibrium; The Effects of Policy on the Growth</field>
      <field key="Equ" subkey="i">librium; Intertemporal Government Budget Constraint; Numerical Simulations; Concluding Remarks;</field>
      <field key="542" subkey="">1605-7996</field>
      <field key="544" subkey="">IHSES 96</field>
      <field key="700" subkey="">E5</field>
      <field key="700" subkey="">E6</field>
      <field key="700" subkey="">F4</field>
      <field key="720" subkey="">Government budget</field>
      <field key="720" subkey="">Taxation</field>
      <field key="720" subkey="">Nominal assets</field>
      <field key="720" subkey="">Current account</field>
      <field key="753" subkey="">Abstract: This paper analyzes the role of nominal assets in ranking intertemporal budget policies in a growing open economy. The</field>
      <field key="bud" subkey="g">et policies are ranked in terms of the public's intertemporal stock of tax liabilities. Our main result is that, in a small</field>
      <field key="ope" subkey="n">economy, the valuation of private and public assets is in terms of the exogenous foreign price level under purchasing power</field>
      <field key="par" subkey="i">ty. This constraint limits the scope of government to influence the real value of assets using fiscal and monetary policy</field>
      <field key="sho" subkey="c">ks.;</field>
    </SEQUENTIAL>
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