Monetary, fiscal and exchange rate policies and Philippine output an application of IS-MP-AS model

Monetary, fiscal and exchange rate policies and Philippine output an application of IS-MP-AS model

Extending Romer's model and applying Engle's ARCH/GARCH process, the study finds that real GDP in the Philippines is negatively influenced by the expected inflation rate and the US federal funds rate, and positively affected by the government deficit/ GDP ratio, the domestic debt/GDP ratio...

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Bibliographic Details
Published in:The Philippine Review of Economics Vol. XLI, No. 1 (June 2004), p. [45]-55.
Main Author: Hsing, Yu (Author)
Format: Analytics
Language:English
Published: 2004.
Subjects:
Monetary policy > Philippines.
Fiscal policy > Philippines.
Foreign exchange rates > Philippines.
Online Access:https://forms.gle/KZjBv7aRtY6jiL5E9