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Cross-Border Transmission of Fiscal Shocks: The Role of Monetary Conditions

Cross-Border Transmission of Fiscal Shocks: The Role of Monetary Conditions »

Source: Cross-Border Transmission of Fiscal Shocks: The Role of Monetary Conditions

Volume/Issue: 2018/103

Series: IMF Working Papers

Author(s): Patrick Blagrave , Giang Ho , Ksenia Koloskova , and Esteban Vesperoni

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 May 2018

ISBN: 9781484353530

Keywords: Fiscal policy, Monetary policy, Fiscal policy; monetary policy; effective lower bound; international spillovers, effective lower bound, international spillovers, Models with Panel Data, Monetary Policy (Targets, Instruments, and Effects), General

Fiscal stimulus was widely advocated during the global crisis, a period characterized by monetary policy constrained by the effective lower bound (ELB) in many countries, in part because of expected positive spillo...

Cross-Border Transmission of Fiscal Shocks: The Role of Monetary Conditions

Cross-Border Transmission of Fiscal Shocks: The Role of Monetary Conditions »

Volume/Issue: 2018/103

Series: IMF Working Papers

Author(s): Patrick Blagrave , Giang Ho , Ksenia Koloskova , and Esteban Vesperoni

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 May 2018

DOI: http://dx.doi.org/10.5089/9781484353530.001

ISBN: 9781484353530

Keywords: Fiscal policy, Monetary policy, Fiscal policy; monetary policy; effective lower bound; international spillovers, effective lower bound, international spillovers, Models with Panel Data, Monetary Policy (Targets, Instruments, and Effects), General

Fiscal stimulus was widely advocated during the global crisis, a period characterized by monetary policy constrained by the effective lower bound (ELB) in many countries, in part because of expected positive spillo...