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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Basu, Suman
Tác giả khác: Boz, Emine, Gopinath, Gita, Roch, Francisco
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2020.
Loạt:IMF Working Papers; Working Paper ; No. 2020/121
Truy cập trực tuyến:Full text available on IMF