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...

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Dettagli Bibliografici
Autore principale: Benes, Jaromir
Altri autori: Kumhof, Michael, Laxton, Douglas, Muir, Dirk
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2013.
Serie:IMF Working Papers; Working Paper ; No. 2013/262
Accesso online:Full text available on IMF