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Dynamics of monetary policy and fiscal policy during the pandemic: the Philippine experience

In: The monetary-fiscal policy nexus in the wake of the pandemic

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  • Bangko Sentral ng Pilipinas

Abstract

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Suggested Citation

  • Bangko Sentral ng Pilipinas, 2022. "Dynamics of monetary policy and fiscal policy during the pandemic: the Philippine experience," BIS Papers chapters, in: Bank for International Settlements (ed.), The monetary-fiscal policy nexus in the wake of the pandemic, volume 122, pages 217-240, Bank for International Settlements.
    • Handle: RePEc:bis:bisbpc:122-17
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    File URL: https://www.bis.org/publ/bppdf/bispap122_q.pdf
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    References listed on IDEAS

    as
    1. Diwa C Guinigundo, 2012. "Fiscal policy, public debt management and government bond markets: the case for the Philippines," BIS Papers chapters, in: Bank for International Settlements (ed.), Fiscal policy, public debt and monetary policy in emerging market economies, volume 67, pages 269-283, Bank for International Settlements.
    2. Mr. Manmohan S. Kumar & Mr. Emanuele Baldacci, 2010. "Fiscal Deficits, Public Debt, and Sovereign Bond Yields," IMF Working Papers 2010/184, International Monetary Fund.
    3. Olivier Coibion & Yuriy Gorodnichenko & Michael Weber, 2021. "Fiscal Policy and Households’ Inflation Expectations: Evidence from a Randomized Control Trial," NBER Working Papers 28485, National Bureau of Economic Research, Inc.
    4. Gerardo P. Sicat, 2012. "The Peso Appreciation and Monetary-Fiscal Coordination," UP School of Economics Discussion Papers 201215, University of the Philippines School of Economics.
    5. Naeem Akram, 2015. "Is public debt hindering economic growth of the Philippines?," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 42(3), pages 202-221, March.
    6. Michael D. Bordo & Mickey D. Levy, 2020. "Do Enlarged Fiscal Deficits Cause Inflation: The Historical Record," NBER Working Papers 28195, National Bureau of Economic Research, Inc.
    7. Adam, Christopher S. & Bevan, David L., 2005. "Fiscal deficits and growth in developing countries," Journal of Public Economics, Elsevier, vol. 89(4), pages 571-597, April.
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