Optimal Fiscal and Monetary Policy, Debt Crisis and Management /

The initial government debt-to-GDP ratio and the government's commitment play a pivotal role in determining the welfare-optimal speed of fiscal consolidation in the management of a debt crisis. Under commitment, for low or moderate initial government debt-to-GPD ratios, the optimal consolidatio...

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Detalhes bibliográficos
Autor principal: Cantore, Cristiano
Outros Autores: Levine, Paul, Melina, Giovanni, Pearlman, Joseph
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2017.
coleção:IMF Working Papers; Working Paper ; No. 2017/078
Acesso em linha:Full text available on IMF