Fiscal and Monetary Nexus in Emerging Market Economies : How Does Debt Matter? /

This paper examines two main aspects of the interaction between fiscal and monetary policy in emerging market economies. First, it explores the interest rate-inflation relationship in economies with different levels of external and domestic public debt using panel- and crosssection data. The results...

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Bibliographic Details
Main Author: Vasishtha, Garima
Other Authors: Baig, Taimur, Kumar, Manmohan, Zoli, Edda
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006.
Series:IMF Working Papers; Working Paper ; No. 2006/184
Online Access:Full text available on IMF