Achieving a soft landing : the role of fiscal policy

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

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 outp...

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Bibliographic Details
Main Author: Leigh, Daniel (Author)
Corporate Author: International Monetary Fund. Fiscal Affairs Department
Format: eBook
Language:English
Published: [Washington, D.C.?] : International Monetary Fund, ©2008.
Series:IMF working paper ; WP/08/69.
Subjects:
Fiscal policy > Colombia > Econometric models.
Monetary policy > Colombia > Econometric models.
Fiscal policy > Econometric models
Monetary policy > Econometric models
Colombia
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