Fiscal Policy for the Crisis

Author: Spilimbergo Antonio, Symansky Steven A., Cottarelli Carlo, and Blanchard Olivier J.

Volume/Issue: Volume 2008 Issue 001

Publication date: January 2009

ISBN: 9781589067981

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Business and Economics , Economics- Macroeconomics , Public Finance , SPN , financial crisis , crisis , firm , government , macroeconomic crisis , government balance sheet , mortgage company , cost of capital , transfer policy , loans crisis , Fiscal stimulus , Financial sector , Fiscal sustainability , Global

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Impact of Regulatory Reforms on Large and Complex Financial Institutions

Summary

The current crisis calls for two main sets of policy measures. First, measures to repair the financial system. Second, measures to increase demand and restore confidence. While some of these measures overlap, the focus of this note is on the second set of policies, and more specifically, given the limited room for monetary policy, on fiscal policy.