This 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 defaul...
Enlace original:
https://repositorio.cepal.org/handle/11362/41254
Junior, Karlo Marques
,
Correia, Fernando Motta
,
Mechanisms of default risk transmission and economic policy coordination
