This paper provides a comprehensive assessment of the macroeconomic and fiscal impact of unconventional monetary tools in small open economies. Using a DSGE model, we show that the exchange rate plays ...

Monetary policymakers focus on hitting the dual mandate goals that Congress gave it, which are price stability and maximum employment. And they steer away from commenting on fiscal policy.

China monetary policy shift is first in 14 years Fiscal policy will be more proactive Stock market jump as policy tone raises optimism Trump's tariff threats a major risk to growth BEIJING, Dec 9 ...

Discussions at the Bank of Mongolia’s recent international conference marking its centennial highlighted an important policy issue: how to better align monetary and fiscal policies to tackle high ...