Effective Fiscal-Monetary Interactions in Severe Recessions

preview-18
  • Effective Fiscal-Monetary Interactions in Severe Recessions Book Detail

  • Author : Mr. Jiaqian Chen
  • Release Date : 2022-09-02
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 47
  • ISBN 13 :
  • File Size : 61,61 MB

Effective Fiscal-Monetary Interactions in Severe Recessions by Mr. Jiaqian Chen PDF Summary

Book Description: 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.

Disclaimer: www.yourbookbest.com does not own Effective Fiscal-Monetary Interactions in Severe Recessions books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Fiscal Policy and Long-Term Growth

Fiscal Policy and Long-Term Growth

File Size : 22,22 MB
Total View : 2712 Views
DOWNLOAD

This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth a