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Is monetary policy constrained by fiscal policy?

In: Fiscal policy, public debt and monetary policy in emerging market economies

Author

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  • Carlos Montoro
  • Elöd Takats
  • James Yetman

Abstract

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Suggested Citation

  • Carlos Montoro & Elöd Takats & James Yetman, 2012. "Is monetary policy constrained by fiscal policy?," BIS Papers chapters, in: Bank for International Settlements (ed.), Fiscal policy, public debt and monetary policy in emerging market economies, volume 67, pages 11-30, Bank for International Settlements.
    • Handle: RePEc:bis:bisbpc:67-02
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    File URL: http://www.bis.org/publ/bppdf/bispap67b_rh.pdf
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    References listed on IDEAS

    as
    1. Mehrotra, Aaron & Sánchez-Fung, José R., 2011. "Assessing McCallum and Taylor rules in a cross-section of emerging market economies," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 21(2), pages 207-228, April.
    2. Edda Zoli, 2005. "How does fiscal policy affect monetary policy in emerging market countries?," BIS Working Papers 174, Bank for International Settlements.
    3. repec:zbw:bofitp:2009_023 is not listed on IDEAS
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    Cited by:

    1. Pierre-Richard Agénor & Luiz A. Pereira da Silva, 2013. "Inflation Targeting and Financial Stability: A Perspective from the Developing World," Working Papers Series 324, Central Bank of Brazil, Research Department.
    2. Elod Takáts & Abraham Vela, 2014. "International monetary policy transmission," BIS Papers chapters, in: Bank for International Settlements (ed.), The transmission of unconventional monetary policy to the emerging markets, volume 78, pages 25-44, Bank for International Settlements.
    3. Galloppo, Giuseppe & Paimanova, Viktoriia, 2017. "The impact of monetary policy on BRIC markets asset prices during global financial crises," The Quarterly Review of Economics and Finance, Elsevier, vol. 66(C), pages 21-49.
    4. Boris Hofmann & Elod Takáts, 2015. "International monetary spillovers," BIS Quarterly Review, Bank for International Settlements, September.

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