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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| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2009.
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| Серія: | IMF Working Papers; Working Paper ;
No. 2009/050 |
| Онлайн доступ: | Full text available on IMF |