The Resource Achieving a soft landing : the role of fiscal policy, Daniel Leigh

Achieving a soft landing : the role of fiscal policy, Daniel Leigh

Label
Achieving a soft landing : the role of fiscal policy
Title
Achieving a soft landing
Title remainder
the role of fiscal policy
Statement of responsibility
Daniel Leigh
Creator
Subject
Genre
Language
  • eng
  • eng
Summary
This paper utilizes an open-economy New Keynesian overlapping generations model to assess the extent to which fiscal policy, along side an inflation-forecast-based monetary policy, could enhance macroeconomic stability in Colombia. The model simulations indicate that, in addition to stabilizing output and inflation, a stronger response of the fiscal balance to excess tax revenue would reduce the burden on the central bank of adjusting interest rates, lessen the associated degree of exchange rate volatility, and contribute to a more stable external current account balance. The analysis also ass
Member of
Cataloging source
MiAaPQ
http://library.link/vocab/creatorName
Leigh, Daniel
Dewey number
336.861
Illustrations
illustrations
Index
no index present
Language note
English
LC call number
HJ945
LC item number
.L45 2008
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
  • IMF working paper
  • IMF Working Papers
Series volume
WP/08/69
http://library.link/vocab/subjectName
  • Fiscal policy
  • Monetary policy
Label
Achieving a soft landing : the role of fiscal policy, Daniel Leigh
Instantiates
Publication
Copyright
Note
Description based upon print version of record
Bibliography note
Includes bibliographical references
Carrier category
online resource
Carrier category code
cr
Content category
text
Content type code
txt
Contents
  • Contents; I. Introduction; II. Methodology; III. Results: Macroeconomic Effects of Fiscal Policy Tightening; Figures; 1. Domestic Risk Premium and the Debt-to-GDP Ratio; 2. Exogenous Permanent Cut in Public Consumption of 0.5 Percent of GDP; 3. Exogenous Permanent Cut in Public Investment of 0.5 Percent of GDP; IV. Results: Fiscal Policy and Macroeconomic Stability; 4. Private Savings Shock and Strength of Fiscal Policy Response; 5. Markup Shock and Strength of Fiscal Policy Response; 6. Efficiency Frontier: Markup Shock
  • 7. Efficiency Frontier for Different Monetary Policy Response Parameters8. Temporary Fall in Risk Premium by 100 Basis Points; 9. Risk Premium Shock and Strength of Fiscal Policy Response; V. Conclusions; References
Dimensions
unknown
Extent
1 online resource (25 p.)
Form of item
online
Isbn
9781452751108
Media category
computer
Media type code
c
Specific material designation
remote
System control number
  • (CKB)3170000000054990
  • (EBL)1607805
  • (SSID)ssj0000943965
  • (PQKBManifestationID)11503314
  • (PQKBTitleCode)TC0000943965
  • (PQKBWorkID)10982749
  • (PQKB)10356343
  • (OCoLC)647099025
  • (MiAaPQ)EBC1607805
  • (EXLCZ)993170000000054990
Label
Achieving a soft landing : the role of fiscal policy, Daniel Leigh
Publication
Copyright
Note
Description based upon print version of record
Bibliography note
Includes bibliographical references
Carrier category
online resource
Carrier category code
cr
Content category
text
Content type code
txt
Contents
  • Contents; I. Introduction; II. Methodology; III. Results: Macroeconomic Effects of Fiscal Policy Tightening; Figures; 1. Domestic Risk Premium and the Debt-to-GDP Ratio; 2. Exogenous Permanent Cut in Public Consumption of 0.5 Percent of GDP; 3. Exogenous Permanent Cut in Public Investment of 0.5 Percent of GDP; IV. Results: Fiscal Policy and Macroeconomic Stability; 4. Private Savings Shock and Strength of Fiscal Policy Response; 5. Markup Shock and Strength of Fiscal Policy Response; 6. Efficiency Frontier: Markup Shock
  • 7. Efficiency Frontier for Different Monetary Policy Response Parameters8. Temporary Fall in Risk Premium by 100 Basis Points; 9. Risk Premium Shock and Strength of Fiscal Policy Response; V. Conclusions; References
Dimensions
unknown
Extent
1 online resource (25 p.)
Form of item
online
Isbn
9781452751108
Media category
computer
Media type code
c
Specific material designation
remote
System control number
  • (CKB)3170000000054990
  • (EBL)1607805
  • (SSID)ssj0000943965
  • (PQKBManifestationID)11503314
  • (PQKBTitleCode)TC0000943965
  • (PQKBWorkID)10982749
  • (PQKB)10356343
  • (OCoLC)647099025
  • (MiAaPQ)EBC1607805
  • (EXLCZ)993170000000054990

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