Medium-Term Financial Strategy: The Co-ordination of Fiscal and Monetary Policies
The aim of this paper is to provide an assessment of the medium-term financial strategies operating in and available to OECD economies. Three issues are discussed: first, the rationale for the increasing adoption of medium-term budgetary and monetary objectives; second, the appropriate criteria for...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
1983
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| Schriftenreihe: | OECD Economics Department Working Papers
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| Online-Zugang: | Volltext |
| Zusammenfassung: | The aim of this paper is to provide an assessment of the medium-term financial strategies operating in and available to OECD economies. Three issues are discussed: first, the rationale for the increasing adoption of medium-term budgetary and monetary objectives; second, the appropriate criteria for the determination of medium-term policy norms, and the institutional means through which these are implemented; and third, the problems of ensuring consistency between short-term policies and medium-term goals. Underlying these issues is the theme of monetary and fiscal policy co-ordination and the medium-term effectiveness of demand management. To the extent that central banks can contain the pressures stemming from the mix of restrictive monetary targets and expansionary budgets, monetary and fiscal policies might be assigned to different objectives - inflation control and short-term employment support respectively (although monetary restraint would not free expansionary fiscal action ... |
| Beschreibung: | 1 Online-Ressource (99 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/034626486843 |
Internformat
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| 520 | |a The aim of this paper is to provide an assessment of the medium-term financial strategies operating in and available to OECD economies. Three issues are discussed: first, the rationale for the increasing adoption of medium-term budgetary and monetary objectives; second, the appropriate criteria for the determination of medium-term policy norms, and the institutional means through which these are implemented; and third, the problems of ensuring consistency between short-term policies and medium-term goals. Underlying these issues is the theme of monetary and fiscal policy co-ordination and the medium-term effectiveness of demand management. To the extent that central banks can contain the pressures stemming from the mix of restrictive monetary targets and expansionary budgets, monetary and fiscal policies might be assigned to different objectives - inflation control and short-term employment support respectively (although monetary restraint would not free expansionary fiscal action ... | ||
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T19:34:57Z |
| indexdate | 2024-12-18T19:02:45Z |
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| language | English |
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| spelling | Chouraqui, Jean-Claude Verfasser aut Medium-Term Financial Strategy The Co-ordination of Fiscal and Monetary Policies Jean-Claude Chouraqui and Robert Price Paris OECD Publishing 1983 1 Online-Ressource (99 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers The aim of this paper is to provide an assessment of the medium-term financial strategies operating in and available to OECD economies. Three issues are discussed: first, the rationale for the increasing adoption of medium-term budgetary and monetary objectives; second, the appropriate criteria for the determination of medium-term policy norms, and the institutional means through which these are implemented; and third, the problems of ensuring consistency between short-term policies and medium-term goals. Underlying these issues is the theme of monetary and fiscal policy co-ordination and the medium-term effectiveness of demand management. To the extent that central banks can contain the pressures stemming from the mix of restrictive monetary targets and expansionary budgets, monetary and fiscal policies might be assigned to different objectives - inflation control and short-term employment support respectively (although monetary restraint would not free expansionary fiscal action ... Economics Price, Robert ctb https://doi.org/10.1787/034626486843 Verlag kostenfrei Volltext |
| spellingShingle | Chouraqui, Jean-Claude Medium-Term Financial Strategy The Co-ordination of Fiscal and Monetary Policies Economics |
| title | Medium-Term Financial Strategy The Co-ordination of Fiscal and Monetary Policies |
| title_auth | Medium-Term Financial Strategy The Co-ordination of Fiscal and Monetary Policies |
| title_exact_search | Medium-Term Financial Strategy The Co-ordination of Fiscal and Monetary Policies |
| title_exact_search_txtP | Medium-Term Financial Strategy The Co-ordination of Fiscal and Monetary Policies |
| title_full | Medium-Term Financial Strategy The Co-ordination of Fiscal and Monetary Policies Jean-Claude Chouraqui and Robert Price |
| title_fullStr | Medium-Term Financial Strategy The Co-ordination of Fiscal and Monetary Policies Jean-Claude Chouraqui and Robert Price |
| title_full_unstemmed | Medium-Term Financial Strategy The Co-ordination of Fiscal and Monetary Policies Jean-Claude Chouraqui and Robert Price |
| title_short | Medium-Term Financial Strategy |
| title_sort | medium term financial strategy the co ordination of fiscal and monetary policies |
| title_sub | The Co-ordination of Fiscal and Monetary Policies |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/034626486843 |
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