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

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