ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by Advait MoharirSubscribe to Advait Moharir

Monetary Fiscal Coordination and the Evolution of Public Debt

Using an accounting framework, this article simulates the evolution of the debt ratio based on four policy interventions. It recommends pursuing an expansionary monetary policy combined with an equally active and complementary fi scal policy. The article also says that monetary policy should target the debt ratio, while fi scal policy should target output.
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