Monetary fiscal coordination and the evolution of public debt

Moharir, Advait (2022) Monetary fiscal coordination and the evolution of public debt. Economic and Political Weekly, 57 (22). pp. 17-20.

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Abstract

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.

Item Type:	Article
Authors:	Moharir, Advait
Document Language:	Language English
Uncontrolled Keywords:	Public debt, monetary policy, GDP, debt ratio
Subjects:	Social sciences Social sciences > Economics Social sciences > Economics > Financial economics
Divisions:	Azim Premji University - Bengaluru
Full Text Status:	Restricted
Related URLs:	https://www.epw.in/journal/2022/22/comme...
URI:	http://publications.azimpremjiuniversity.edu.in/id/eprint/6825
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