Report
Geneva Reports on the World Economy
Geneva 23: It's All in the Mix: How Monetary and Fiscal Policies Can Work or Fail Together
- Introduction: It’s All in the Mix: How Monetary and Fiscal Policies Can Work or Fail Together
- Exiting unbalanced policy regimes: A case study of yield curve control
- The mix of monetary and fiscal policies
- The nuts and bolts of monetary and fiscal policies
- The Policy Mix: Lessons from the classical literature
- The making of a good policy mix
- The evolution of the policy mix
- The policy mix across borders and in a monetary union
- The policy mix at the zero lower bound: The standard view on its head?
- The mix of monetary and fiscal policies: Why does it matter?: Conclusions
- The policy mix at work: Congruent, divergent or destabilising?
- Congruence is rare
- Understanding procyclicality
- The policy mix at work: Congruent, divergent or destabilising?: Conclusion
- ‘Tail risk’ challenges to the policy mix
- What is tail risk?
- Complementarity of policies and interdependence of monetary and fiscal authorities
- Getting the policy mix wrong: The euro area experience after the GFC
- Policy mix unravelling: Mismanaging the monetary-fiscal interdependence
- ‘Tail risk’ challenges to the policy mix: Conclusions
- Raising R*: A shared policy objective
- Objectives and instruments for a Great Normalisation
- Determinants and consequences of a low and falling R*
- Enhancing the policy mix: A review of proposals
- Objectives and instruments for a Great Normalisation: Conclusions
- Conclusions: It’s All in the Mix: How Monetary and Fiscal Policies Can Work or Fail Together
