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coordinating public debt management with fiscal and monetary policies an analytical framework Book PDF Summary

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 to prevent domination by one authority over another which could lead to inconsistent policy mix.

Detail Book of coordinating public debt management with fiscal and monetary policies an analytical framework PDF

coordinating public debt management with fiscal and monetary policies  an analytical framework
  • Author : Eriko Togo
  • Release : 01 October 2024
  • Publisher : World Bank Publications
  • ISBN : 978186723xxxx
  • Genre : Uncategoriezed
  • Total Page : 37 pages
  • Language : English
  • PDF File Size : 11,6 Mb

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