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...

Полное описание

Библиографические подробности
Главный автор: Benes, Jaromir
Другие авторы: Kumhof, Michael, Laxton, Douglas, Muir, Dirk
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2013.
Серии:IMF Working Papers; Working Paper ; No. 2013/262
Online-ссылка:Full text available on IMF