Monetary And Fiscal Policy Interactions: Their Impact On The Term Structure Of Interest Rates.pdf
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Description
Monetary and fiscal policy interactions affect the term structure of interest rates, influencing nominal and real interest rates. Fiscal policy reaction function parameters play a significant role in determining the term structure. This is evident in countries like Italy, where term structure shifted down after fiscal retrenchment.
Technical Information
- File Format: PDF
- File Size: 401 KB
- Pages: 37
- Language: EN
- Author: marzo
- Total Downloads: 15
- Last Updated: 1 week ago
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