Download e-book for iPad: Fiscal Consolidation, Budget Deficits and the Macro Economy by Lekha S Chakraborty

By Lekha S Chakraborty

An in-depth research set within the context of the continuing debate on monetary coverage vis-à-vis financial policy

Is financial deficit harmful to development fee? Does it create macroeconomic imbalance? if that is so, is deficit containment a prerequisite for sustained relief in inflation? Does financial deficit crowd out inner most funding and, if that is so, to what volume? Does monetary deficit impact cost of interest?

This ebook analyses such debates and affects of economic deficit in India, empirically, via macro econometric exercise.  Filling an latest hole, it revisits the controversy at the macroeconomic results of deficit by way of taking India as a case examine according to a long-time sequence research from 1980–81 to 2012–13. 

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Fiscal Consolidation, Budget Deficits and the Macro Economy by Lekha S Chakraborty


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