'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...
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| 其他作者: | , |
| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2009.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 2009/022 |
| 在線閱讀: | Full text available on IMF |