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Monetary and fiscal policy options for dealing with external shocks : insights from the GIMF for Colombia
Clements, Benedict J.; Flores, Enrique; Leigh, Daniel - 2009
Persistent link: https://www.econbiz.de/10003870742
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Public expenditure in Latin America : trends and key policy issues
Clements, Benedict J.; Faircloth, Christopher; … - 2007
Persistent link: https://www.econbiz.de/10003432324
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Fiscal consequences of armed conflict and terrorism in low- and middle-income countries
Gupta, Sanjeev; Clements, Benedict J.; Bhattacharya, Rina; … - 2002
Persistent link: https://www.econbiz.de/10001708207
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Expenditure composition, fiscal adjustment, and growth in low-income countries
Gupta, Sanjeev; Clements, Benedict J.; Baldacci, Emanuele; … - 2002
Persistent link: https://www.econbiz.de/10001675209
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Monetary and Fiscal Policy Options for Dealing with External Shocks
Flores, Enrique - 2009
This paper utilizes an open-economy New Keynesian overlapping generations model, the Global Integrated Monetary and Fiscal Model (GIMF), to assess the macroeconomic effects of external shocks and the impact of various monetary and fiscal policy responses. The simulations assess the effect of...
Persistent link: https://www.econbiz.de/10012677750