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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Bibliografiske detaljer
Hovedforfatter: Cantore, Cristiano
Andre forfattere: Levine, Paul, Melina, Giovanni, Pearlman, Joseph
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2017.
Serier:IMF Working Papers; Working Paper ; No. 2017/078
Online adgang:Full text available on IMF

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