000 01206cam a2200193 i 4500
001 18999642
010 _a 2016003211
020 _a9789351509899
082 0 0 _a339.520954
_bLEK/F
100 1 _aLekha S Chakraborty
245 1 0 _aFiscal consolidation, budget deficits and the macro economy
260 _aNew Delhi
_bSage
_c2016
300 _axviii,197p.
_billustrations ;
520 _aAn 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
650 0 _aBudget deficits
650 0 _aFiscal policy
650 0 _aFinance, Public
942 _cBK
999 _c61185
_d61185