Sovereign Risk, Fiscal Policy, and Macroeconomic Stability /
This paper analyzes the impact of strained government finances on macroeconomic stability and the transmission of fiscal policy. Using a variant of the model by Curdia and Woodford (2009), we study a "sovereign risk channel" through which sovereign default risk raises funding costs in the...
প্রধান লেখক: | |
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অন্যান্য লেখক: | , , |
বিন্যাস: | পত্রিকা |
ভাষা: | English |
প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2012.
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মালা: | IMF Working Papers; Working Paper ;
No. 2012/033 |
অনলাইন ব্যবহার করুন: | Full text available on IMF |