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...

Descrizione completa

Dettagli Bibliografici
Autore principale: Basu, Suman
Altri autori: Boz, Emine, Gopinath, Gita, Roch, Francisco
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2020.
Serie:IMF Working Papers; Working Paper ; No. 2020/121
Accesso online:Full text available on IMF