Zobrazeno 1 - 10
of 15
pro vyhledávání: '"fiscal-monetary policy interactions"'
Autor:
Dubravko Mihaljek
Publikováno v:
Public Sector Economics, Vol 47, Iss 4, Pp 413-430 (2023)
This paper presents an analytical overview of the effects of inflation on government revenues, expenditure and fiscal positions. Evidence for a range of countries from the current inflation episode and that of the 1980s is compared and contrasted. Th
Externí odkaz:
https://doaj.org/article/f81bd06754d74351840a6c88813e9665
Akademický článek
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Akademický článek
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How should policy be designed at high debt levels, when fiscal authorities have little room to adjust taxes? Assigning the monetary authority a role in achieving debt sustainability makes it less effective in stabilizing inflation and output.
Co
Co
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::a73ac4cc389ff9790c190b4755876024
https://hdl.handle.net/2078.1/268373
https://hdl.handle.net/2078.1/268373
Akademický článek
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Autor:
Bonam, Dennis, Lukkezen, Jasper, Undergraduate School, UU LEG Research UUSE Multidisciplinary Economics, Internationale macro-economie
Publikováno v:
Bonam, D A R 2019, ' Fiscal and monetary policy coordination, macroeconomic stability, and sovereign risk premia ', Journal of Money, Credit and Banking, vol. 51, no. 2/3, pp. 581-616 . https://doi.org/10.1111/jmcb.12577
Journal of Money, Credit and Banking, 51(2-3), 581. Wiley-Blackwell
Journal of Money, Credit and Banking, 51(2/3), 581-616. Wiley-Blackwell
Journal of Money, Credit and Banking, 51(2-3), 581. Wiley-Blackwell
Journal of Money, Credit and Banking, 51(2/3), 581-616. Wiley-Blackwell
In standard macroeconomic models, equilibrium stability and uniqueness require monetary policy to actively target inflation and fiscal policy to ensure long-run debt sustainability. We show analytically that these requirements change, and depend on t
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::4be3f44517f36a2e7953ca699a31c96e
https://dspace.library.uu.nl/handle/1874/394136
https://dspace.library.uu.nl/handle/1874/394136
Autor:
Gaffard, Jean-Luc, Napoletano, Mauro
We revisit the main building blocks of the theoretical models underlying the monetary policy consensus before the Great Recession. We highlight how the failure of these models to prevent the crisis and to provide guidance during the recession were du
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______3063::8bdf163a6e84a27cccdba862ca6642e4
https://spire.sciencespo.fr/hdl:/2441/3tl6t49e929fla0aa2ukppot8n/resources/wp2018-21.-market-disequilibrium-mnapoletano.pdf
https://spire.sciencespo.fr/hdl:/2441/3tl6t49e929fla0aa2ukppot8n/resources/wp2018-21.-market-disequilibrium-mnapoletano.pdf
Autor:
Gaffard, Jean Luc, Napoletano, Mauro
We revisit the main building blocks of the theoretical models underlying the monetary policy consensus before the Great Recession. We highlight how the failure of these models to prevent the crisis and to provide guidance during the recession were du
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::8f4b4bfde32adfc2068b760c4e7959d6
https://hdl.handle.net/10419/203070
https://hdl.handle.net/10419/203070
Autor:
Andreas Schabert
Publikováno v:
SSRN Electronic Journal.
Blanchard (2005) suggested that active interest rate policy might induce unstable dynamics in highly-indebted economies. We examine this in a dynamic general equilibrium model where Calvo-type price rigidities provide a rationale for inflation stabil
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::04320b390072707856224da6dee4a9ad
https://doi.org/10.2139/ssrn.903112
https://doi.org/10.2139/ssrn.903112
This discussion paper resulted in a publication in the 'IMF Economic Review' , 2014, 62(2), 261-287. We analyse the impact of interactions between monetary and fiscal policy on macroeconomic stability. We find that in the presence of sovereign defaul
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::1aa74295861c43b5b5b9fce4c09bbcbd
http://papers.tinbergen.nl/11064.pdf
http://papers.tinbergen.nl/11064.pdf