Arbeitspapier
COVID-19 and fiscal-monetary policy coordination: Empirical evidence from India
Against the backdrop of the COVID-19 pandemic, this paper analyzes the economic stimulus packages announced by the Indian national government and tries to identify some plausible fiscal and monetary policy coordination. The shrinking fiscal space due to revenue uncertainties has led to a theoretical plausibility of a reemergence of finite monetization of deficits in India. However, the empirical evidence confirms no direct monetization of the deficit.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 1002
- Klassifikation
-
Wirtschaft
Central Banks and Their Policies
Fiscal Policy
Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
- Thema
-
Fiscal-Monetary Policy Coordination
Fiscal Deficits
Monetization
COVID-19
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Chakraborty, Lekha
Harikrishnan S
- Ereignis
-
Veröffentlichung
- (wer)
-
Levy Economics Institute of Bard College
- (wo)
-
Annandale-on-Hudson, NY
- (wann)
-
2022
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Chakraborty, Lekha
- Harikrishnan S
- Levy Economics Institute of Bard College
Entstanden
- 2022