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230104 ||| eng |
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|a 9798400218880
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| 100 |
1 |
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|a Chen, Jiaqian
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| 245 |
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|a Effective Fiscal-Monetary Interactions in Severe Recessions
|c Jiaqian Chen, Raphael Espinoza, Carlos Goncalves, Tryggvi Gudmundsson, Martina Hengge, Zoltan Jakab, Jesper Lindé
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2022
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| 300 |
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|a 47 pages
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| 651 |
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4 |
|a Belgium
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| 653 |
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|a Interest rates
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| 653 |
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|a Economics
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| 653 |
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|a Public debt
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| 653 |
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|a Public finance & taxation
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| 653 |
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|a Inflation targeting
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| 653 |
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|a Deflation
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| 653 |
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|a Fiscal Policy
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| 653 |
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|a Debts, Public
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| 653 |
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|a Economics of specific sectors
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| 653 |
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|a Informal Economy
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| 653 |
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|a Foreign Exchange
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| 653 |
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|a Currency crises
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Banking
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| 653 |
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|a Fiscal stimulus
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| 653 |
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|a Economic & financial crises & disasters
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| 653 |
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|a Inflation
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| 653 |
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|a Monetary economics
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| 653 |
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|a Debt Management
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| 653 |
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|a Economics: General
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| 653 |
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|a Debt
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| 653 |
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|a Informal sector
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| 653 |
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|a Fiscal policy
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| 653 |
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|a Sovereign Debt
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| 653 |
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|a Price Level
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| 653 |
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|a Banks and Banking
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| 653 |
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|a Prices
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| 653 |
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|a Monetary policy
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| 653 |
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|a Underground Econom
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| 653 |
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|a Interest Rates: Determination, Term Structure, and Effects
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| 653 |
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|a Monetary Policy
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| 653 |
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|a Public Finance
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| 653 |
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|a Money and Monetary Policy
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| 700 |
1 |
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|a Espinoza, Raphael
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| 700 |
1 |
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|a Goncalves, Carlos
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| 700 |
1 |
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|a Gudmundsson, Tryggvi
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Working Papers
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| 028 |
5 |
0 |
|a 10.5089/9798400218880.001
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| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/2022/170/001.2022.issue-170-en.xml?cid=522755-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
0 |
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|a 330
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| 520 |
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|a 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
|