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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Andere auteurs: | , , |
Formaat: | Tijdschrift |
Taal: | English |
Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
2017.
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Reeks: | IMF Working Papers; Working Paper ;
No. 2017/078 |
Online toegang: | Full text available on IMF |