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Monetary and Fiscal Policy Options for Dealing with External Shocks.
This paper utilizes an open-economy New Keynesian overlapping generations model, the Global Integrated Monetary and Fiscal Model (GIMF), to assess the macroeconomic effects of external shocks and the impact of various monetary and fiscal policy responses. The simulations assess the effect of shocks...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Otros Autores: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington :
International Monetary Fund,
2009.
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| Colección: | IMF Working Papers.
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| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 100 | 1 | |a Flores, Enrique. | |
| 245 | 1 | 0 | |a Monetary and Fiscal Policy Options for Dealing with External Shocks. |
| 260 | |a Washington : |b International Monetary Fund, |c 2009. | ||
| 300 | |a 1 online resource (19 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF Working Papers | |
| 588 | 0 | |a Print version record. | |
| 505 | 0 | |a I. Introduction; II. The Model; III. Macroeconomic Effects of External Shocks and Alternative Policy Responses; Figures; 1. Macroeconomic Effects of a Decline in Demand for Colombian Exports Under Different Policy Responses; 2. Macroeconomic Response to a Decline in World Growth; 3. Macroeconomic Effects of Temporary Increase in Risk Premia; IV. The Role of Fiscal Policy Under Different Financing Conditions; 4. Macroeconomic Response to a Decline in the Demand for Colombian Exports under Adverse Financing Conditions; V. Summary of Policy Implications. | |
| 500 | |a 5. Macroeconomic Response to a Decline in the Demand for Colombian Exports under a Prolonged Financing ShockReferences. | ||
| 520 | |a This paper utilizes an open-economy New Keynesian overlapping generations model, the Global Integrated Monetary and Fiscal Model (GIMF), to assess the macroeconomic effects of external shocks and the impact of various monetary and fiscal policy responses. The simulations assess the effect of shocks to trade, world income, and risk premia for public debt. The results suggest that under Colombia's inflation targeting regime, which incorporates exchange rate flexibility and a highly responsive monetary policy, the economy is well poised to adjust to different external shocks. They also suggest th. | ||
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Debts, External |z Colombia. | |
| 650 | 0 | |a Fiscal policy |z Colombia. | |
| 650 | 6 | |a Dettes extérieures |z Colombie. | |
| 650 | 6 | |a Politique fiscale |z Colombie. | |
| 650 | 7 | |a Debts, External |2 fast | |
| 650 | 7 | |a Fiscal policy |2 fast | |
| 651 | 7 | |a Colombia |2 fast |1 https://id.oclc.org/worldcat/entity/E39PBJw4Fqg34rWwgmFXfvKKh3 | |
| 700 | 1 | |a Leigh, Daniel. | |
| 700 | 1 | |a Clements, Benedict J. | |
| 758 | |i has work: |a Monetary and fiscal policy options for dealing with external shocks (Text) |1 https://id.oclc.org/worldcat/entity/E39PCGWb8QMFV7ym3wmB7xhbVC |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Flores, Enrique. |t Monetary and Fiscal Policy Options for Dealing with External Shocks: Insights from the GIMF for Colombia. |d Washington : International Monetary Fund, ©2009 |z 9781451872064 |
| 830 | 0 | |a IMF Working Papers. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1608232 |z Texto completo |
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