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...
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| Muut tekijät: | , , |
| Aineistotyyppi: | Aikakauslehti |
| Kieli: | English |
| Julkaistu: |
Washington, D.C. :
International Monetary Fund,
2018.
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| Sarja: | IMF Working Papers; Working Paper ;
No. 2018/103 |
| Linkit: | Full text available on IMF |