dc.creatorJunior, Karlo Marques
dc.creatorCorreia, Fernando Motta
dc.date.accessioned2017-04-25T14:37:54Z
dc.date.available2017-04-25T14:37:54Z
dc.date.created2017-04-25T14:37:54Z
dc.date.issued2016-12
dc.identifierhttps://hdl.handle.net/11362/41254
dc.identifierLC/G.2694-P
dc.identifier2
dc.description.abstractThis 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 risk transmission and its effects on the definition of reaction functions for the monetary and fiscal authorities. The main findings of the model point to the existence of new mechanisms of default risk transmission associated with price and fiscal stability.
dc.languageen
dc.relationCEPAL Review
dc.relationCEPAL Review
dc.relation120
dc.titleMechanisms of default risk transmission and economic policy coordination
dc.typeTexto


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