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Coordination of Fiscal and Monetary Policies

Mika Kortelainen, Douglas Laxton, and Jack Selody

in Post-crisis Fiscal Policy

Published in print:
2014
Published Online:
September 2015
ISBN:
9780262027182
eISBN:
9780262324113
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262027182.003.0014
Subject:
Economics and Finance, Macro- and Monetary Economics

Using the International Monetary Fund's Global Integrated Monetary and Fiscal Model (GIMF), this chapter assesses the effectiveness of expansionary fiscal policy when monetary policy accommodates the ... More


Fiscal Adjustment, Growth, and Global Imbalances

Mika Kortelainen, Douglas Laxton, and Jack Selody

in Post-crisis Fiscal Policy

Published in print:
2014
Published Online:
September 2015
ISBN:
9780262027182
eISBN:
9780262324113
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262027182.003.0021
Subject:
Economics and Finance, Macro- and Monetary Economics

Using the International Monetary Fund's Global Integrated Monetary and Fiscal Model (GIMF), this chapter examines how combining fiscal adjustment with structural reform and coordinated fiscal policy ... More


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