Optimal Fiscal and Monetary Policy with Nominal and Indexed Debt

  • Cosimano T
  • et al.
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Abstract

This paper highlights the importance of debt composition in setting optimal fiscal and monetary policy over short-run business cycles and in the long run. Nominal debt as state …

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Cosimano, T. F., & Gapen, M. T. (2003). Optimal Fiscal and Monetary Policy with Nominal and Indexed Debt. IMF Working Papers, 03(225), 1. https://doi.org/10.5089/9781451875379.001

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