Monetary and Fiscal Policy Options for Dealing with External Shocks; Insights from the GIMF for Colombia
Year of publication: |
2009-03-01
|
---|---|
Authors: | Flores, Enrique ; Leigh, Daniel ; Clements, Benedict J. |
Institutions: | International Monetary Fund (IMF) |
Subject: | External shocks | Inflation targeting | Flexible exchange rates | Economic models | fiscal policy | monetary policy | inflation | fiscal stance | tax revenue | fiscal balance | budget deficit | aggregate demand | public debt | inflationary pressures | fiscal policy responses | increase in inflation | inflation targeting regime | fiscal targets | tax rates | nominal interest rate | fiscal policy framework | tax revenues | fiscal policy rule | inflation target | foreign currency | tax increases | inflationary pressure | relative price | fiscal expansion | fiscal policies | tax income | inflation targeting framework | macroeconomic stability | fiscal affairs departments | fiscal affairs | real rates | fiscal model | fiscal framework | tax cuts | real interest rates | spending cuts | fiscal response |
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