'Monetary and Fiscal Rules in an Emerging Small Open Economy' /

We develop a optimal rules-based interpretation of the 'three pillars macroeconomic policy framework': a combination of a freely floating exchange rate, an explicit target for inflation, and a mechanism than ensures a stable government debt-GDP ratio around a specified long run. We show ho...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Levine, Paul
Awduron Eraill: Batini, Nicoletta, Pearlman, Joseph
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2009.
Cyfres:IMF Working Papers; Working Paper ; No. 2009/022
Mynediad Ar-lein:Full text available on IMF