U.S. and Euro Area Monetary and Fiscal Interactions During the Pandemic : A Structural Analysis / Andrew Hodge, Zoltan Jakab, Jesper Linde, Vina Nguyen.
This paper employs a two-country New Keynesian DSGE model to assess the macroeconomic impact of the changes in monetary policy frameworks and the fiscal support in the U.S. and euro area during the pandemic. Moving from a previous target of "below, but close to 2 percent" to a formal symme...
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Full Text (via IMF e-Library) |
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Format: | eBook |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2022.
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Series: | IMF working paper ;
WP/2022/222. |
Subjects: |