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...

詳細記述

書誌詳細
第一著者: Blagrave, Patrick
その他の著者: Ho, Giang, Koloskova, Ksenia, Vesperoni, Esteban
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2018.
シリーズ:IMF Working Papers; Working Paper ; No. 2018/103
オンライン・アクセス:Full text available on IMF