Inter-American Development Bank: 'Monetary Policy Under Fiscal Risk'
November 13, 2026
November 13, 2026
WASHINGTON, Nov. 13 (TNSLrpt) -- The Inter-American Development Bank issued the following white paper on Nov. 13, 2026, entitled "Monetary Policy under Fiscal Risk."
Here are excerpts:
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Fiscal stance and sovereign credibility shape monetary policy transmission even outside fiscal dominance. Using a panel of advanced and emerging economies since the mid-1990s, we show that sovereign-risk regimes differ less by headline debt than by borrowing c . . .
Here are excerpts:
* * *
Fiscal stance and sovereign credibility shape monetary policy transmission even outside fiscal dominance. Using a panel of advanced and emerging economies since the mid-1990s, we show that sovereign-risk regimes differ less by headline debt than by borrowing c . . .