재정정책 유효성의 국가별 차이에 관한 연구: 최근의 글로벌 금융위기 경험을 중심으로

초록

This study focuses on the massive fiscal stimulus packages taken by various governments around the globe through the recent global financial crisis. The paper starts with calculating the differences in the speed of recovery among the countries and tries to explain them by institutional arrangements as well as policy variables. Estimation results confirms that well coordinated fiscal-monetary policy mix performed as anticipated under the regime of floating exchange rate and inflation targeting.

키워드