'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...
| Hoofdauteur: | |
|---|---|
| Andere auteurs: | , |
| Formaat: | Tijdschrift |
| Taal: | English |
| Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
2009.
|
| Reeks: | IMF Working Papers; Working Paper ;
No. 2009/022 |
| Online toegang: | Full text available on IMF |