Fiscal and Monetary Policy During Downturns : Evidence From the G7 /
This paper analyzes how fiscal and monetary policy typically respond during downturns in G7 countries. It evaluates whether discretionary fiscal responses to downturns are timely and temporary, and compares the response of fiscal policy to that of monetary policy. The results suggest that while resp...
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| Format: | Revija |
| Jezik: | English |
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Washington, D.C. :
International Monetary Fund,
2009.
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| Serija: | IMF Working Papers; Working Paper ;
No. 2009/050 |
| Online dostop: | Full text available on IMF |