From the policy mix theory to the related empirical works, the quantification of the coordination of monetary and … activity. The econometric analysis provides empirical evidence that good coordination of monetary and fiscal policies reduces …

leverage constraint. Coordination between monetary and macro-prudential policies helps to reduce the risk of entering into a … financial crisis and speeds up exit from the crisis. The downside of coordination is variability in inflation and in the …

. This implies that coordination of monetary and fiscal policy is superior to non-cooperative Nash behaviour. In particular …, we find that ambition-coordination is more important than conservatism-coordination in terms of avoiding medium …-run imbalances due to a tug-of-war betw een the policies. For this reason, and perhaps surprisingly, ambition-coordination can be …

coordination among them, which would ensure a synchronized economic policy. That is why there are a number of theoretical and … empirical researches that proved the justification of coordination between two key instruments of economic policy. At preventing … various imbalances that may arise as a result of inadequate coordination, it is necessary to establish a range of different …

coordination among them, which would ensure a synchronized economic policy. That is why there are a number of theoretical and … empirical researches that proved the justification of coordination between two key instruments of economic policy. At preventing … various imbalances that may arise as a result of inadequate coordination, it is necessary to establish a range of different …