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The role for the visiting scholar is to guide and contribute to the project on the impact of fiscal policy on credibility of monetary policy frameworks. Of specific interest is to develop a general equilibrium model with regime-switching in the monetary-fiscal policy mix, in which the probability of leaving the peg regime would be linked to possible fiscal dominance. The framework is expected to eventually guide the extension of the MCM’s quantitative model for the integrated policy framework (QIPF) in a way that would make it suitable for countries following a fixed exchange rate regime.
The scholar is expected to contribute to at least one report or working paper on a mutually agreed topic. The scholar is also expected to present his recent research in one internal Fund seminar, such as the MCM policy forum. During an onsite visits the scholar would also be expected to exchange views with staff from both MCM and other departments.
Department:
MCMAI MM Monetary and Capital Markets Dept. Immediate Office Monetary Policy ModelingHiring For:
B01The IMF is guided by the principle that the employment, classification, promotion, and assignment of staff shall be made without discrimination against any person. We welcome requests for reasonable accommodations for disabilities during the selection process. Information on how to request accommodations will be provided during the application process.
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