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Autor:
Battistini, Niccolò, Pagano, Marco, Simonelli, Saverio, Ilzetzki, Ethan, Zettelmeyer, Jeromin
Publikováno v:
Economic Policy, 2014 Apr 01. 29(78), 203-251.
Externí odkaz:
http://dx.doi.org/10.1111/1468-0327.12029
This paper analyzes the impact of monetary policy on public debt sustainability through the lens of a general equilibrium model with fiscal limits. We find that the mere possibility of a binding ZLB may have detrimental effects on debt sustainability
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::2bc43baac2d7c79fa82cb63066f2af5a
https://hdl.handle.net/10419/208302
https://hdl.handle.net/10419/208302