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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Blagrave, Patrick
Tác giả khác: Ho, Giang, Koloskova, Ksenia, Vesperoni, Esteban
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2018.
Loạt:IMF Working Papers; Working Paper ; No. 2018/103
Truy cập trực tuyến:Full text available on IMF