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...

詳細記述

書誌詳細
第一著者: Batini, Nicoletta
その他の著者: Cantelmo, Alessandro, Melina, Giovanni, Villa, Stefania
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2020.
シリーズ:IMF Working Papers; Working Paper ; No. 2020/086
オンライン・アクセス:Full text available on IMF