Effective Fiscal Monetary Interactions In Severe Recessions
Download Effective Fiscal Monetary Interactions In Severe Recessions full books in PDF, epub, and Kindle. Read online free Effective Fiscal Monetary Interactions In Severe Recessions ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Effective Fiscal-Monetary Interactions in Severe Recessions
Author | : Mr. Jiaqian Chen |
Publisher | : International Monetary Fund |
Total Pages | : 47 |
Release | : 2022-09-02 |
Genre | : Business & Economics |
ISBN | : |
Download Effective Fiscal-Monetary Interactions in Severe Recessions Book in PDF, Epub and Kindle
The COVID-19 pandemic and the subsequent need for policy support have called the traditional separation between fiscal and monetary policies into question. Based on simulations of an open economy DSGE model calibrated to emerging and advance economies and case study evidence, the analysis shows when constraints are binding a more integrated approach of looking at policies can lead to a better policy mix and ultimately better macroeconomic outcomes under certain circumstances. Nonetheless, such an approach entails risks, necessitating a clear assessment of each country’s circumstances as well as safeguards to protect the credibility of the existing institutional framework.
Effective Fiscal-Monetary Interactions in Severe Recessions Related Books
Pages: 47
Pages: 270
Pages: 77
Pages: 33
Pages: 62