Mechanisms of default risk transmission and economic policy coordination

cepal.articleNo2
cepal.bibLevelSección o Parte de un Documento
cepal.callNumberLC/G.2694-P
cepal.docTypeRevistas
cepal.jelCodeE42
cepal.jelCodeE61
cepal.jelCodeH62
cepal.jobNumberRVI120_MarquesMotta
cepal.physicalDescriptiondiagramas., tablas.
cepal.regionalOfficeSantiago
cepal.sdg17
cepal.topicEngFINANCING AND EXTERNAL DEBT
cepal.topicEngMACROECONOMICS
cepal.topicSpaFINANCIAMIENTO Y DEUDA EXTERNA
cepal.topicSpaMACROECONOMÍA
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
dc.contributor.authorJunior, Karlo Marques
dc.contributor.authorCorreia, Fernando Motta
dc.date.accessioned2017-04-25T14:37:54Z
dc.date.available2017-04-25T14:37:54Z
dc.date.issued2016-12
dc.description.abstractThis paper analyses the coordination between monetary and fiscal policy in an emerging economy with an inflation-targeting monetary regime, in a context in which default risk shocks can lead to macroeconomic imbalances. It develops a macrodynamic model in order to capture the mechanisms of default risk transmission and its effects on the definition of reaction functions for the monetary and fiscal authorities. The main findings of the model point to the existence of new mechanisms of default risk transmission associated with price and fiscal stability.
dc.formatTexto
dc.format.extentpáginas. 31-4
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/G.2694-P
dc.identifier.urihttps://hdl.handle.net/11362/41254
dc.language.isoeng
dc.physicalDescriptionp. 31-49; diagrs.; tabls.
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfNo120
dc.relation.isPartOfSeriesCEPAL Review
dc.relation.translationLanguagespa
dc.relation.translationRecordMecanismos de transmisión del riesgo de impago y coordinación de la política macroeconómica
dc.relation.translationUrihttps://hdl.handle.net/11362/40798
dc.rights.coarDisponible
dc.subject.unbisEngECONOMIC POLICY
dc.subject.unbisEngFISCAL POLICY
dc.subject.unbisEngINFLATION
dc.subject.unbisEngMONETARY POLICY
dc.subject.unbisEngMACROECONOMICS
dc.subject.unbisEngEXTERNAL DEBT
dc.subject.unbisEngEMERGING MARKETS
dc.subject.unbisSpaPOLITICA ECONOMICA
dc.subject.unbisSpaPOLITICA FISCAL
dc.subject.unbisSpaINFLACION
dc.subject.unbisSpaPOLITICA MONETARIA
dc.subject.unbisSpaMACROECONOMIA
dc.subject.unbisSpaDEUDA EXTERNA
dc.subject.unbisSpaMERCADOS EMERGENTES
dc.titleMechanisms of default risk transmission and economic policy coordination
dc.type.coarrevista
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