The Benefits of International Policy Coordination Revisited /

This paper uses two of the IMF's DSGE models to simulate the benefits of international fiscal and macroprudential policy coordination. The key argument is that these two policies are similar in that, unlike monetary policy, they have long-run effects on the level of GDP that need to be traded o...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Benes, Jaromir
Weitere Verfasser: Kumhof, Michael, Laxton, Douglas, Muir, Dirk
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2013.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2013/262
Online Zugang:Full text available on IMF