Chapter 2 Countering Future Recessions In Advanced Economies: Cyclical Policies In An Era Of Low Rates And High Debt
Author:
International Monetary Fund. Research Dept.
Search for other papers by International Monetary Fund. Research Dept. in
Current site
Google Scholar Close
Language:
English
Print Publication Date:
14 Apr 2020
Keywords:
WEO; CCDFEF; monetary policy; emerging market; economy; global economy; aggregate demand; interest rate-growth differential; support measure; advanced economy; Global financial crisis of 2008-2009; Global; opportunity cost; monetary policy tool; Interest rate floor; Fiscal rules

Abstract

The authors of this chapter are Michal Andrle, Philip Barrett, John Bluedorn (co-lead), Francesca Caselli, and Wenjie Chen (co-lead), with support from Christopher Johns, Adrian Robles Villamil, and Shan Wang. The chapter also benefited from discussions with Yuriy Gorodnichenko, Jay Shambaugh, and from comments by January 2020 internal seminar participants and reviewers.

Within Same Series

Other IMF Content

Other Publishers Content

  • Collapse
  • Expand
Cover World Economic Outlook, April 2020
World Economic Outlook, April 2020
The Great Lockdown
ISBN:
9781513539744
ISSN:
0256-6877
Publication Date:
14 Apr 2020
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781513539744.081
Pages:
177