'Monetary and Fiscal Rules in an Emerging Small Open Economy' /
We develop a optimal rules-based interpretation of the 'three pillars macroeconomic policy framework': a combination of a freely floating exchange rate, an explicit target for inflation, and a mechanism than ensures a stable government debt-GDP ratio around a specified long run. We show ho...
| Auteur principal: | Levine, Paul |
|---|---|
| Autres auteurs: | Batini, Nicoletta, Pearlman, Joseph |
| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2009.
|
| Collection: | IMF Working Papers; Working Paper ;
No. 2009/022 |
| Accès en ligne: | Full text available on IMF |
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