Fiscal and Monetary Policy During Downturns.

This paper analyzes how fiscal and monetary policy typically respond during downturns in G7 countries. It evaluates whether discretionary fiscal responses to downturns are timely and temporary, and compares the response of fiscal policy to that of monetary policy. The results suggest that while resp...

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Bibliographic Details
Main Author: Stehn, Sven Jari
Other Authors: Leigh, Daniel
Format: Electronic eBook
Language:English
Published: Washington : International Monetary Fund, 2009.
Series:IMF Working Papers.
Subjects:
Online Access: Full text (Wentworth users only)
Local Note:ProQuest Ebook Central