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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Other Authors: | |
Format: | Electronic eBook |
Language: | English |
Published: |
Washington :
International Monetary Fund,
2009.
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Series: | IMF Working Papers.
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Subjects: | |
Online Access: |
Full text (Wentworth users only) |
Local Note: | ProQuest Ebook Central |