{"id":"https://openalex.org/W4297883129","doi":"https://doi.org/10.1108/sef-10-2021-0462","title":"Monetary-fiscal coordination: when, why and how?","display_name":"Monetary-fiscal coordination: when, why and how?","publication_year":2022,"publication_date":"2022-09-21","ids":{"openalex":"https://openalex.org/W4297883129","doi":"https://doi.org/10.1108/sef-10-2021-0462"},"language":"en","primary_location":{"id":"doi:10.1108/sef-10-2021-0462","doi":"https://doi.org/10.1108/sef-10-2021-0462","is_oa":false,"landing_page_url":"https://doi.org/10.1108/sef-10-2021-0462","pdf_url":null,"source":{"id":"https://openalex.org/S141165859","display_name":"Studies in Economics and Finance","issn_l":"1086-7376","issn":["1086-7376","1755-6791"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","norway-1","poland-70","russia-white-list-2"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Studies in Economics and Finance","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.4181076","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5022578978","display_name":"Saurabh Sharma","orcid":"https://orcid.org/0000-0002-1723-4220","observed_orcids":["https://orcid.org/0000-0002-1723-4220"]},"institutions":[{"id":"https://openalex.org/I1287339526","display_name":"Reserve Bank of India","ror":"https://ror.org/04w0b7z78","country_code":"IN","type":"other","lineage":["https://openalex.org/I1287339526"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Saurabh Sharma","raw_affiliation_strings":["Department of Economic and Policy Research, Reserve Bank of India, Mumbai, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economic and Policy Research, Reserve Bank of India, Mumbai, India","institution_ids":["https://openalex.org/I1287339526"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5079892290","display_name":"Ipsita Padhi","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I1287339526","display_name":"Reserve Bank of India","ror":"https://ror.org/04w0b7z78","country_code":"IN","type":"other","lineage":["https://openalex.org/I1287339526"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Ipsita Padhi","raw_affiliation_strings":["Department of Economic and Policy Research, Reserve Bank of India, Mumbai, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economic and Policy Research, Reserve Bank of India, Mumbai, India","institution_ids":["https://openalex.org/I1287339526"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5086476469","display_name":"Sarat Chandra Dhal","orcid":"https://orcid.org/0000-0002-7183-5449","observed_orcids":["https://orcid.org/0000-0002-7183-5449"]},"institutions":[{"id":"https://openalex.org/I1287339526","display_name":"Reserve Bank of India","ror":"https://ror.org/04w0b7z78","country_code":"IN","type":"other","lineage":["https://openalex.org/I1287339526"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Sarat Dhal","raw_affiliation_strings":["Department of Economic and Policy Research, Reserve Bank of India, Mumbai, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economic and Policy Research, Reserve Bank of India, Mumbai, India","institution_ids":["https://openalex.org/I1287339526"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I1287339526"],"apc_list":null,"apc_paid":null,"fwci":1.324,"has_fulltext":false,"cited_by_count":9,"citation_normalized_percentile":{"value":0.80672359,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"40","issue":"4","first_page":"661","last_page":"686"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9961000084877014,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9961000084877014,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.0017999999690800905,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11621","display_name":"Fiscal Policies and Political Economy","score":0.0007999999797903001,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/fiscal-monetary-coordination","display_name":"fiscal-monetary coordination","score":0.828000009059906},{"id":"https://openalex.org/keywords/monetary-policy-transmission","display_name":"monetary policy transmission","score":0.531000018119812},{"id":"https://openalex.org/keywords/unconventional-monetary-policy","display_name":"unconventional monetary policy","score":0.9710000157356262},{"id":"https://openalex.org/keywords/public-debt","display_name":"public debt","score":0.765999972820282},{"id":"https://openalex.org/keywords/inflation-output-trade-off","display_name":"inflation-output trade-off","score":0.9629999995231628},{"id":"https://openalex.org/keywords/inflation-targeting","display_name":"inflation targeting","score":0.871999979019165},{"id":"https://openalex.org/keywords/non-ricardian-households","display_name":"non-Ricardian households","score":0.875},{"id":"https://openalex.org/keywords/open-market-operations","display_name":"open market operations","score":0.8330000042915344},{"id":"https://openalex.org/keywords/budget-deficit","display_name":"budget deficit","score":0.6710000038146973},{"id":"https://openalex.org/keywords/developing-countries","display_name":"developing countries","score":0.8949999809265137},{"id":"https://openalex.org/keywords/covid-19","display_name":"COVID-19 pandemic","score":0.7630000114440918},{"id":"https://openalex.org/keywords/ricardian-equivalence","display_name":"Ricardian equivalence","score":0.7409999966621399}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8484121561050415},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.7802557945251465},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.6463320255279541},{"id":"https://openalex.org/C489367","wikidata":"https://www.wikidata.org/wiki/Q1962064","display_name":"Dynamic stochastic general equilibrium","level":3,"score":0.6008776426315308},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.5686376094818115},{"id":"https://openalex.org/C524878704","wikidata":"https://www.wikidata.org/wiki/Q187021","display_name":"Fiscal policy","level":2,"score":0.5616529583930969},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.5509908199310303},{"id":"https://openalex.org/C185824701","wikidata":"https://www.wikidata.org/wiki/Q1193759","display_name":"Inflation targeting","level":3,"score":0.4666832387447357},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.44207683205604553},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1108/sef-10-2021-0462","doi":"https://doi.org/10.1108/sef-10-2021-0462","is_oa":false,"landing_page_url":"https://doi.org/10.1108/sef-10-2021-0462","pdf_url":null,"source":{"id":"https://openalex.org/S141165859","display_name":"Studies in Economics and Finance","issn_l":"1086-7376","issn":["1086-7376","1755-6791"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","norway-1","poland-70","russia-white-list-2"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Studies in Economics and Finance","raw_type":"journal-article"},{"id":"doi:10.2139/ssrn.4181076","doi":"https://doi.org/10.2139/ssrn.4181076","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.4181076","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},{"id":"pmh:oai:RePEc:eme:sefpps:sef-10-2021-0462","doi":null,"is_oa":false,"landing_page_url":"https://www.emerald.com/insight/content/doi/10.1108/SEF-10-2021-0462/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":{"id":"doi:10.2139/ssrn.4181076","doi":"https://doi.org/10.2139/ssrn.4181076","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.4181076","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":47,"referenced_works":["https://openalex.org/W574929326","https://openalex.org/W1485676192","https://openalex.org/W1502006584","https://openalex.org/W1532597820","https://openalex.org/W1534337591","https://openalex.org/W1561177381","https://openalex.org/W1971840442","https://openalex.org/W1977528023","https://openalex.org/W1985243191","https://openalex.org/W1995278743","https://openalex.org/W2001866606","https://openalex.org/W2011224622","https://openalex.org/W2041175506","https://openalex.org/W2041662795","https://openalex.org/W2079768115","https://openalex.org/W2084309259","https://openalex.org/W2087096517","https://openalex.org/W2088133319","https://openalex.org/W2101673011","https://openalex.org/W2103820029","https://openalex.org/W2108517185","https://openalex.org/W2109524915","https://openalex.org/W2110134871","https://openalex.org/W2112554528","https://openalex.org/W2116005716","https://openalex.org/W2119465371","https://openalex.org/W2149530077","https://openalex.org/W2170170777","https://openalex.org/W2233205629","https://openalex.org/W2236815508","https://openalex.org/W2738370323","https://openalex.org/W2794228590","https://openalex.org/W2892299916","https://openalex.org/W2900676262","https://openalex.org/W3012622611","https://openalex.org/W3021150978","https://openalex.org/W3022857464","https://openalex.org/W3121195842","https://openalex.org/W3122029325","https://openalex.org/W3122361617","https://openalex.org/W3123942639","https://openalex.org/W3123968775","https://openalex.org/W3123970111","https://openalex.org/W3124086036","https://openalex.org/W3125254469","https://openalex.org/W3126119584","https://openalex.org/W4249204951"],"related_works":["https://openalex.org/W7100814762","https://openalex.org/W2610909799","https://openalex.org/W7112646884","https://openalex.org/W1548422775","https://openalex.org/W7165822828","https://openalex.org/W7133567047","https://openalex.org/W2172000490","https://openalex.org/W2016937581","https://openalex.org/W7099633398","https://openalex.org/W4384393199"],"abstract_inverted_index":{"Purpose":[0],"This":[1,30],"paper":[2,31,163,176,211],"aims":[3],"to":[4,43,96,153,170],"revisit":[5],"the":[6,51,59,67,76,84,87,109,114,121,128,135,178,205,221,228,241,245,249],"theme":[7],"of":[8,53,79,89,116,123,134,142,180,189,223,230,244],"fiscal-monetary":[9,45,172,202],"coordination":[10,107,132],"in":[11,66,113,209,227,240],"a":[12,33,154,168,186],"general":[13,39],"equilibrium":[14,40],"setup":[15],"that":[16,216],"allows":[17],"for":[18,106,130],"unconventional":[19,98,224],"monetary":[20,22,71,90,99,147,193,225,256],"policy,":[21],"policy":[23,72,91,100,131,148,194,226,257],"transmission":[24,88,149,195,258],"and":[25,145,196,234],"developing":[26,181],"country":[27,182],"characteristics.":[28],"Design/methodology/approach":[29],"uses":[32,164],"calibrated":[34],"new":[35],"Keynesian":[36],"dynamic":[37],"stochastic":[38],"(DSGE)":[41],"model":[42,207,250],"study":[44],"interaction.":[46,55,173,203],"Findings":[47],"Debt":[48],"sits":[49],"at":[50],"center":[52],"monetary-fiscal":[54,151],"Under":[56],"high-debt":[57,158],"conditions,":[58],"inflation-output":[60,165],"trade-off":[61,166],"rises":[62],"with":[63,69],"an":[64,253],"increase":[65],"strictness":[68],"which":[70,97,236],"targets":[73],"inflation,":[74],"undermining":[75],"standard":[77],"prescription":[78],"strict":[80],"inflation":[81],"targeting.":[82],"At":[83],"same":[85],"time,":[86],"is":[92,237],"also":[93,251],"impeded,":[94],"due":[95],"becomes":[101],"more":[102],"appropriate.":[103],"The":[104],"need":[105,129],"among":[108],"policies":[110],"gets":[111],"enhanced":[112],"presence":[115,122,229],"borrowing":[117,124],"cost":[118,125,199],"channel.":[119],"While":[120],"channel":[126],"increases":[127],"regardless":[133],"debt":[136,261],"situation,":[137],"features":[138],"like":[139],"higher":[140,187],"share":[141,188],"non-Ricardian":[143,190],"households":[144],"weaker":[146],"affect":[150],"interaction":[152],"greater":[155],"extent":[156],"under":[157,259],"environment.":[159],"Originality/value":[160],"First,":[161],"this":[162,175,210],"as":[167,185],"metric,":[169],"analyze":[171],"Second,":[174],"considers":[177],"impact":[179],"characteristics":[183],"(such":[184],"households,":[191],"impeded":[192],"supply":[197],"constraints/borrowing":[198],"channel)":[200],"on":[201,220],"Third,":[204],"DSGE":[206],"developed":[208],"incorporates":[212],"open":[213],"market":[214],"operations":[215],"could":[217],"shed":[218],"light":[219],"role":[222],"high":[231],"fiscal":[232],"deficit":[233],"debt,":[235],"particularly":[238],"relevant":[239],"current":[242],"context":[243],"COVID-19":[246],"pandemic.":[247],"Fourth,":[248],"permits":[252],"investigation":[254],"into":[255],"different":[260],"regimes.":[262]},"counts_by_year":[{"year":2026,"cited_by_count":4},{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1}],"updated_date":"2026-11-09T13:22:03.289127","created_date":"2022-10-01T00:00:00"}