COVID-19 and Fiscal-Monetary Policy Coordination : Empirical Evidence from India

Against the backdrop of the COVID-19 pandemic, this paper analyzes the economic stimulus packages announced by the Indian national government and tries to identify some plausible fiscal and monetary policy coordination. The shrinking fiscal space due to revenue uncertainties has led to a theoretical plausibility of a reemergence of finite monetization of deficits in India. However, the empirical evidence confirms no direct monetization of the deficit

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Year of publication:	[2022]
Authors:	Chakraborty, Lekha ; Harikrishnan, S
Publisher:	[S.l.] : SSRN
Subject:	Indien \| India \| Coronavirus \| Finanzpolitik \| Fiscal policy \| Geldpolitik \| Monetary policy \| Policy-Mix \| Policy mix

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Extent:	1 Online-Ressource (19 p)
Series:	Levy Economics Institute, Working Papers Series 1002 (2022)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments February 7, 2022 erstellt
Other identifiers:	10.2139/ssrn.4028927 [DOI]
Classification:	E58 - Central Banks and Their Policies ; E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; E63 - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013306409