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Language: en
Pages: 56
Pages: 56
Type: BOOK - Published: 2012-01-01 - Publisher: International Monetary Fund
This paper analyzes the impact of strained government finances on macroeconomic stability and the transmission of fiscal policy. Using a variant of the model by
Language: en
Pages: 0
Pages: 0
Type: BOOK - Published: 2012 - Publisher:
This paper analyzes the impact of strained government finances on macroeconomic stability and the transmission of fiscal policy. Using a variant of the model by
Language: en
Pages: 55
Pages: 55
Type: BOOK - Published: 2012-01-01 - Publisher:
This paper analyzes the impact of strained government finances on macroeconomic stability and the transmission of fiscal policy. Using a variant of the model by
Language: en
Pages: 49
Pages: 49
Type: BOOK - Published: 2013-11-06 - Publisher: International Monetary Fund
Sovereign risk premia in several euro area countries have risen markedly since 2008, driving up credit spreads in the private sector as well. We propose a New K
Language: en
Pages: 30
Pages: 30
Type: BOOK - Published: 2014 - Publisher:
In standard macroeconomic models, debt sustainability and price level determinacy are achieved when fiscal policy avoids explosive debt and monetary policy cont