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Fiscal space : a mix of macro, exchange rate and monetary policy

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<title>Fiscal space</title>
<subTitle>: a mix of macro, exchange rate and monetary policy</subTitle>
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<name type="personal" usage="primary" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20180014208">
<namePart>Saner, Patrick</namePart>
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<name type="personal" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20200001171">
<namePart>Hernandez, Andres</namePart>
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<name type="corporate" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20170013402">
<namePart>Swiss Re Institute</namePart>
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<placeTerm type="code" authority="marccountry">che</placeTerm>
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<dateIssued encoding="marc">2019</dateIssued>
<issuance>monographic</issuance>
<place>
<placeTerm type="text">Zurich</placeTerm>
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<publisher>Swis Re Institute</publisher>
<dateIssued> 28 november 2019</dateIssued>
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<abstract displayLabel="Summary">Fiscal policy will be a key instrument to absorb future shocks, but the ability to do so is not given -- Market pressures matter a lot for fiscal distress. Structurally weaker fiscal positions can be supported for a while by loose monetary policy -- The euro area sovereigns are more exposed to shocks as fiscal and monetary buffers are thinner than for example in North America -- Re/insurers should closely follow these developments as they can affect premium growth and asset portfolios</abstract>
<note type="statement of responsibility">Patrick Saner, Andres Hernandez</note>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080573287">
<topic>Política fiscal</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080586874">
<topic>Política monetaria</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080566296">
<topic>Macroeconomía</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080586294">
<topic>Mercado de seguros</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080602529">
<topic>Mercado de reaseguros</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080611897">
<topic>Perspectivas económicas</topic>
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<classification authority="">215</classification>
<relatedItem type="series">
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<title>Economic Insights</title>
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<recordCreationDate encoding="marc">200124</recordCreationDate>
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