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...
Glavni avtor: | |
---|---|
Drugi avtorji: | , , |
Format: | Revija |
Jezik: | English |
Izdano: |
Washington, D.C. :
International Monetary Fund,
2017.
|
Serija: | IMF Working Papers; Working Paper ;
No. 2017/078 |
Online dostop: | Full text available on IMF |