How Loose, How Tight? : A Measure of Monetary and Fiscal Stance for the Euro Area /

This paper builds a model-based dynamic monetary and fiscal conditions index (DMFCI) and uses it to examine the evolution of the joint stance of monetary and fiscal policies in the euro area (EA) and in its three largest member countries over the period 2007-2018. The index is based on the relative...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Batini, Nicoletta
Άλλοι συγγραφείς: Cantelmo, Alessandro, Melina, Giovanni, Villa, Stefania
Μορφή: Επιστημονικό περιοδικό
Γλώσσα:English
Έκδοση: Washington, D.C. : International Monetary Fund, 2020.
Σειρά:IMF Working Papers; Working Paper ; No. 2020/086
Διαθέσιμο Online:Full text available on IMF