Mechanisms of default risk transmission and economic policy coordination

This paper analyses the coordination between monetary and fiscal policy in an emerging economy with an inflation-targeting monetary regime, in a context in which default risk shocks can lead to macroeconomic imbalances. It develops a macrodynamic model in order to capture the mechanisms of default r...

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Autores principales: Junior, Karlo Marques, Correia, Fernando Motta
Formato: Texto
Lenguaje:English
Publicado: 2017
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Acceso en línea:http://hdl.handle.net/11362/41254
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