This paper proposes a sovereign asset and liability management framework for analyzing the inter-relationships between debt management, fiscal and monetary policies. It illustrates the consequences of uncoordinated policy mix and extends Sargent and Wallace (1981 and 1993) by including debt management. Examples of policy games played by fiscal, monetary, and debt management authorities reinforce the importance of policy separation and coordination...
Подробнее
ПОДРОБНАЯ ИНФОРМАЦИЯ
-
2007/09/01
-
Рабочий документ в рамках исследования вопросов политики
-
WPS4369
-
1
-
1
-
2010/07/01
-
Disclosed
-
Coordinating public debt management with fiscal and monetary policies : an analytical framework
-
Banking and Debt Management
ФАЙЛЫ ДЛЯ СКАЧИВАНИЯ
ПОЛНЫЙ ОТЧЕТ
Официальная версия документа (может содержать подписи, и т.д.)