Barrell, Ray; Holland, Dawn; Liadze, Iana; Pomerantz, Olga - 2007
formation of expectations. Fiscal policy has limited effects on the economies of Europe,
and that the case for fiscal policy … in the context of varying monetary policy
arrangements and in the presence of forward looking consumers.
The analysis …
) tt
4
See Barrell and Dury (2000) for a discussion of monetary and fiscal policy rules in NiGEM.
)1 …