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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| 其他作者: | , , |
| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2020.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 2020/121 |
| 在線閱讀: | Full text available on IMF |