The Implications of Fiscal Conditions and Growing Internationalization for Monetary Policies and Financial Market Conditions.

The paper argues that the endogenous behavior of monetary authorities provides an important channel through which fiscal policy influences financial variables, and that growing internationalization has increased the sensitivity of financial conditions to fiscal policy. The core of the argument is th...

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Співавтор: International Monetary Fund
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 1988.
Серія:IMF Working Papers; Working Paper ; No. 1988/052
Онлайн доступ:Full text available on IMF