Green Fiscal Rules? Challenges and Policy Alternatives prepared by Francesca Caselli, Andresa Lagerborg, Paulo Medas published by IMF (6/2024). This paper studies the impact of green fiscal rules – designed to protect climate-related spending – on debt dynamics. Simulations…
Fiscal Policy Can Promote Economic Stability and Address Risks to Public Finances by Francesca Caselli, Vitor Gaspar, Gee Hee Hong, Paulo Medas published by IMF (4/2023). “Following exceptional pandemic support, governments should foster disinflation and financial stability while protecting the most vulnerable and…
The Return to Fiscal Rules prepared by Francesca Caselli, Hamid Davoodi, Carlos Goncalves, Gee Hee Hong, Andresa Lagerborg, Paulo Medas, Anh Dinh Minh Nguyen, and Jiae Yoo published by IMF (10/2022). Governments face difficult policy trade-offs with record debt…
