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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Autor principal: Basu, Suman
Altres autors: Boz, Emine, Gopinath, Gita, Roch, Francisco
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2020.
Col·lecció:IMF Working Papers; Working Paper ; No. 2020/121
Accés en línia:Full text available on IMF