Cross-Border Transmission of Fiscal Shocks : The Role of Monetary Conditions /

Fiscal stimulus was widely advocated during the global crisis, a period characterized by monetary policy constrained by the effective lower bound (ELB) in many countries, in part because of expected positive spillovers. Standard New Keynesian models predict the cross-border transmission of fiscal sh...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Blagrave, Patrick
مؤلفون آخرون: Ho, Giang, Koloskova, Ksenia, Vesperoni, Esteban
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2018.
سلاسل:IMF Working Papers; Working Paper ; No. 2018/103
الوصول للمادة أونلاين:Full text available on IMF