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Monetary-fiscal policy interactions under implementable monetary policy rules
This paper examines the implications of forward- and backward-looking monetary policy rules in an environment with monetary?fiscal interactions. We find that the unique stationary rational expectations equilibrium (REE) is always non-Ricardian under simple implementable monetary policy rules..Printed journal
Call Number | Location | Available |
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PSB lt.dasar - Pascasarjana | 1 |
Penerbit | The Ohio State University., |
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Edisi | - |
Subjek | Monetary policy Fiscal policy Rational Expectations Equilibrium studies |
ISBN/ISSN | 222879 |
Klasifikasi | - |
Deskripsi Fisik | - |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |