BIS Paper – Fiscal policy and its implications for monetary and financial stability
Fiscal policy and its implications for monetary and financial stability by Stephen Cecchetti, Martin Feldstein, Jaime Caruana, José De Gregorio, Peter Diamond and Peter Praet, BIS Papers No 59, December 2011 “The BIS 10th Annual Conference took place in Lucerne, Switzerland on 23-24 June 2011. The event brought together senior representatives of central banks and …