Centro de Documentacion de Fundación MAPFRE - Fiscal space : a mix of macro, exchange rate and monetary policy

Publicación: Zurich : Swis Re Institute, 28 november 2019Serie: (Economic Insights)Notas: Sumario: 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 portfoliosMateria / lugar / evento: Política fiscal Política monetaria Macroeconomía Mercado de seguros Mercado de reaseguros Perspectivas económicas Otros autores: Hernandez, Andres
Swiss Re Institute
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