A Conceptual Model for the Integrated Policy Framework /

In the Mundell-Fleming framework, standard monetary policy and exchange rate flexibility fully insulate economies from shocks. However, that framework abstracts from many real world imperfections, and countries often resort to unconventional policies to cope with shocks, such as COVID-19. This paper...

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Bibliografiska uppgifter
Huvudupphovsman: Basu, Suman
Övriga upphovsmän: Boz, Emine, Gopinath, Gita, Roch, Francisco
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2020.
Serie:IMF Working Papers; Working Paper ; No. 2020/121
Länkar:Full text available on IMF