Fiscal consolidation, budget deficits and the macroeconomy: monetary-fiscal links in India/
Lekha S. Chakraborty
- New Delhi: SAGE, 2016.
- xviii, 197 p.
1 Introduction-- 2 Fiscal Deficit and Macroeconomic Activity of Central and Subnational Governments-- 3 Fiscal Deficit, Capital Formation and Crowding Out-- 4 Deficit-Interest Rate Link and Financial Markets-- 5 Monetary-Fiscal Policy Coordination: Fiscal Rules and Testing for Monetary Seigniorage-- 6 Fiscal Seigniorage: Composition of Deficits-- 7 Fiscal Deficit and Seigniorage Link: Monetary Policy Regimes and Empirical Analysis-- 8 Fiscal Deficit and Inflation-- 9 Policy Takeaways: The Revival of Fiscal Activism.