Getting fiscal policy in shape to swing with monetary policy

D. Cornille, M. Deroose and S. Van Parys
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D. Cornille: National Bank of Belgium
M. Deroose: National Bank of Belgium
S. Van Parys: National Bank of Belgium

Economic Review, 2021, issue i, 51-68

Abstract: Despite favourable financing conditions, structural fiscal efforts will be needed to bring high and increasing government debt ratios back onto a sustainable path; debt cancellation by the central bank won’t do the trick.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:nbb:ecrart:y:2021:m:june:i:i:p:51-68

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