{"id":"https://openalex.org/W2056660337","doi":"https://doi.org/10.1016/s0014-2921(86)80003-4","title":"On fiscal deficits, the real exchange rate and the world rate of interest","display_name":"On fiscal deficits, the real exchange rate and the world rate of interest","publication_year":1986,"publication_date":"1986-10-01","ids":{"openalex":"https://openalex.org/W2056660337","doi":"https://doi.org/10.1016/s0014-2921(86)80003-4","mag":"2056660337"},"language":"en","primary_location":{"id":"doi:10.1016/s0014-2921(86)80003-4","doi":"https://doi.org/10.1016/s0014-2921(86)80003-4","is_oa":false,"landing_page_url":"https://doi.org/10.1016/s0014-2921(86)80003-4","pdf_url":null,"source":{"id":"https://openalex.org/S69338747","display_name":"European Economic Review","issn_l":"0014-2921","issn":["0014-2921","1873-572X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"European Economic Review","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref","datacite"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://ageconsearch.umn.edu/record/272821","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5017991372","display_name":"S. Van Wijnbergen","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I1334329717","display_name":"World Bank","ror":"https://ror.org/00ae7jd04","country_code":"US","type":"other","lineage":["https://openalex.org/I1334329717","https://openalex.org/I55633929"]},{"id":"https://openalex.org/I4210140326","display_name":"Centre for Economic Policy Research","ror":"https://ror.org/04jzmdh37","country_code":"GB","type":"nonprofit","lineage":["https://openalex.org/I4210140326"]}],"countries":["GB","US"],"is_corresponding":true,"raw_author_name":"Sweden Van Wijnbergen","raw_affiliation_strings":["Centre for Economic Policy Research, London, UK","World Bank, Washington, DC 20433, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Centre for Economic Policy Research, London, UK","institution_ids":["https://openalex.org/I4210140326"]},{"raw_affiliation_string":"World Bank, Washington, DC 20433, USA","institution_ids":["https://openalex.org/I1334329717"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5017991372"],"corresponding_institution_ids":["https://openalex.org/I1334329717","https://openalex.org/I4210140326"],"apc_list":{"value":3690,"currency":"USD","value_usd":3690},"apc_paid":null,"fwci":3.1996,"has_fulltext":false,"cited_by_count":16,"citation_normalized_percentile":{"value":0.9240991,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":93},"biblio":{"volume":"30","issue":"5","first_page":"1013","last_page":"1023"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.6542999744415283,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.6542999744415283,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.17870000004768372,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11621","display_name":"Fiscal Policies and Political Economy","score":0.07259999960660934,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/budget-deficit","display_name":"budget deficit","score":0.9459999799728394},{"id":"https://openalex.org/keywords/real-exchange-rate","display_name":"real exchange rate","score":0.9079999923706055},{"id":"https://openalex.org/keywords/world-real-interest-rate","display_name":"world real interest rate","score":0.875},{"id":"https://openalex.org/keywords/current-account-deficit","display_name":"current account deficit","score":0.7960000038146973},{"id":"https://openalex.org/keywords/commodity-taxes","display_name":"commodity taxation","score":0.6140000224113464},{"id":"https://openalex.org/keywords/personal-savings","display_name":"personal savings","score":0.5720000267028809},{"id":"https://openalex.org/keywords/terms-of-trade","display_name":"terms of trade","score":0.8259999752044678},{"id":"https://openalex.org/keywords/perfect-foresight","display_name":"perfect foresight","score":0.6039999723434448},{"id":"https://openalex.org/keywords/perfect-capital-markets","display_name":"perfect capital markets","score":0.5899999737739563},{"id":"https://openalex.org/keywords/currency-appreciation","display_name":"currency appreciation","score":0.5889999866485596}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8824093341827393},{"id":"https://openalex.org/C52092804","wikidata":"https://www.wikidata.org/wiki/Q56872446","display_name":"Current account","level":3,"score":0.6849647164344788},{"id":"https://openalex.org/C45619296","wikidata":"https://www.wikidata.org/wiki/Q17010135","display_name":"Deficit spending","level":3,"score":0.59482342004776},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5900375247001648},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.5664359331130981},{"id":"https://openalex.org/C524878704","wikidata":"https://www.wikidata.org/wiki/Q187021","display_name":"Fiscal policy","level":2,"score":0.4650389552116394},{"id":"https://openalex.org/C64848388","wikidata":"https://www.wikidata.org/wiki/Q188867","display_name":"Futures studies","level":2,"score":0.4553409814834595},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.4533720016479492},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.44197970628738403},{"id":"https://openalex.org/C2779439359","wikidata":"https://www.wikidata.org/wiki/Q317088","display_name":"Commodity","level":2,"score":0.44177109003067017},{"id":"https://openalex.org/C154815372","wikidata":"https://www.wikidata.org/wiki/Q1140421","display_name":"Real interest rate","level":3,"score":0.4413278102874756},{"id":"https://openalex.org/C2778137410","wikidata":"https://www.wikidata.org/wiki/Q2732820","display_name":"Government (linguistics)","level":2,"score":0.4283060133457184},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.1745084822177887},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":10,"locations":[{"id":"doi:10.1016/s0014-2921(86)80003-4","doi":"https://doi.org/10.1016/s0014-2921(86)80003-4","is_oa":false,"landing_page_url":"https://doi.org/10.1016/s0014-2921(86)80003-4","pdf_url":null,"source":{"id":"https://openalex.org/S69338747","display_name":"European Economic Review","issn_l":"0014-2921","issn":["0014-2921","1873-572X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"European Economic Review","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:ags:uwardp:272821","doi":null,"is_oa":false,"landing_page_url":"https://ageconsearch.umn.edu/record/272821/files/warwick012.pdf","pdf_url":"https://ageconsearch.umn.edu/record/272821/files/warwick012.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:ageconsearch.umn.edu:272821","doi":null,"is_oa":true,"landing_page_url":"http://ageconsearch.umn.edu/record/272821","pdf_url":null,"source":{"id":"https://openalex.org/S4306401616","display_name":"AgEcon Search (University of Minnesota, USA)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210120349","host_organization_name":"University of Minnesota Rochester","host_organization_lineage":["https://openalex.org/I4210120349"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://ageconsearch.umn.edu/record/272821","raw_type":"Text"},{"id":"mag:3124284922","doi":null,"is_oa":false,"landing_page_url":"https://EconPapers.repec.org/RePEc:cpr:ceprdp:21","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"pmh:oai:RePEc:cpr:ceprdp:21","doi":null,"is_oa":false,"landing_page_url":"http://www.cepr.org/active/publications/discussion_papers/dp.php?dpno=21","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:RePEc:eee:eecrev:v:30:y:1986:i:5:p:1013-1023","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0014-2921(86)80003-4","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:dare.uva.nl:openaire_cris_publications/585b9a6f-5fd1-4c40-8fd1-5198427bc60e","doi":null,"is_oa":false,"landing_page_url":"https://dare.uva.nl/personal/pure/en/publications/on-fiscal-deficits-the-real-exchange-rate-and-the-world-rate-of-interest(585b9a6f-5fd1-4c40-8fd1-5198427bc60e).html","pdf_url":null,"source":{"id":"https://openalex.org/S4306400088","display_name":"UvA-DARE (University of Amsterdam)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I887064364","host_organization_name":"University of Amsterdam","host_organization_lineage":["https://openalex.org/I887064364"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"van Wijnbergen, S J G 1986, 'On fiscal deficits, the real exchange rate and the world rate of interest', European Economic Review, vol. 30, no. 5 (Oct), pp. 1013--. https://doi.org/10.1016/S0014-2921(86)80003-4","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:dare.uva.nl:publications/585b9a6f-5fd1-4c40-8fd1-5198427bc60e","doi":null,"is_oa":false,"landing_page_url":"https://handle.uba.uva.nl/personal/pure/en/publications/on-fiscal-deficits-the-real-exchange-rate-and-the-world-rate-of-interest(585b9a6f-5fd1-4c40-8fd1-5198427bc60e).html","pdf_url":null,"source":{"id":"https://openalex.org/S4306400088","display_name":"UvA-DARE (University of Amsterdam)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I887064364","host_organization_name":"University of Amsterdam","host_organization_lineage":["https://openalex.org/I887064364"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"van Wijnbergen, S J G 1986, 'On fiscal deficits, the real exchange rate and the world rate of interest', European Economic Review, vol. 30, no. 5 (Oct), pp. 1013--. https://doi.org/10.1016/S0014-2921(86)80003-4","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:uvapub:oai:dare.uva.nl:publications/585b9a6f-5fd1-4c40-8fd1-5198427bc60e","doi":null,"is_oa":false,"landing_page_url":"https://dare.uva.nl/personal/pure/en/publications/on-fiscal-deficits-the-real-exchange-rate-and-the-world-rate-of-interest(585b9a6f-5fd1-4c40-8fd1-5198427bc60e).html","pdf_url":null,"source":{"id":"https://openalex.org/S4306401843","display_name":"Data Archiving and Networked Services (DANS)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1322597698","host_organization_name":"Royal Netherlands Academy of Arts and Sciences","host_organization_lineage":["https://openalex.org/I1322597698"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"European Economic Review, 30(5 (Oct)). Elsevier","raw_type":"info:eu-repo/semantics/article"},{"id":"doi:10.22004/ag.econ.272821","doi":"https://doi.org/10.22004/ag.econ.272821","is_oa":true,"landing_page_url":"https://doi.org/10.22004/ag.econ.272821","pdf_url":null,"source":{"id":"https://openalex.org/S4306401616","display_name":"AgEcon Search (University of Minnesota, USA)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210120349","host_organization_name":"University of Minnesota Rochester","host_organization_lineage":["https://openalex.org/I4210120349"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article-journal"}],"best_oa_location":{"id":"pmh:oai:ageconsearch.umn.edu:272821","doi":null,"is_oa":true,"landing_page_url":"http://ageconsearch.umn.edu/record/272821","pdf_url":null,"source":{"id":"https://openalex.org/S4306401616","display_name":"AgEcon Search (University of Minnesota, USA)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210120349","host_organization_name":"University of Minnesota Rochester","host_organization_lineage":["https://openalex.org/I4210120349"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://ageconsearch.umn.edu/record/272821","raw_type":"Text"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":19,"referenced_works":["https://openalex.org/W1503390191","https://openalex.org/W1515059306","https://openalex.org/W1826988635","https://openalex.org/W1965808511","https://openalex.org/W1984241582","https://openalex.org/W1994097978","https://openalex.org/W2005275598","https://openalex.org/W2019103143","https://openalex.org/W2027549291","https://openalex.org/W2047560619","https://openalex.org/W2116169559","https://openalex.org/W2137874783","https://openalex.org/W2322547684","https://openalex.org/W2332772008","https://openalex.org/W2891329693","https://openalex.org/W3121555366","https://openalex.org/W3123629411","https://openalex.org/W4235181428","https://openalex.org/W6630007993"],"related_works":["https://openalex.org/W1846813193","https://openalex.org/W4200533070","https://openalex.org/W1523203512","https://openalex.org/W7218627483","https://openalex.org/W2954383348","https://openalex.org/W2495950152","https://openalex.org/W3122861183","https://openalex.org/W7097594064","https://openalex.org/W1921676462","https://openalex.org/W2012149090"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2016,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}
