Monetary and Fiscal Policy Options for Dealing with External Shocks.

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 shocks...

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Bibliographic Details
Main Author:	Flores, Enrique
Other Authors:	Leigh, Daniel, Clements, Benedict J.
Format:	eBook
Language:	English
Published:	Washington : International Monetary Fund, 2009.
Series:	IMF Working Papers.
Subjects:	Debts, External > Colombia. Fiscal policy > Colombia. Debts, External Fiscal policy Colombia
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Monetary and Fiscal Policy Options for Dealing with External Shocks.

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