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Leith, Campbell
Fratzscher, Marcel
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Kriwoluzky, Alexander
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When is monetary policy all we need?
Eser, Fabian
;
Leith, Campbell
;
Wren-Lewis, Simon
-
Department of Economics, Adam Smith Business School
-
2009
,
Countercyclical
Policy
JEL Classi cation: E5, E6, C62 We would like to thank Andrew Hughes-Hallett, Tatiana Kirsanova, Patrick …
Persistent link: https://www.econbiz.de/10005012846
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2
When is Monetary Policy All we Need?
Leith, Campbell
;
Wren-Lewis, Simon
-
Scottish Institute for Research in Economics (SIRE)
-
2009
We consider optimal monetary and scal policies in a New Keynesian model of a small open economy with sticky prices and wages. In this benchmark setting monetary policy is all we need - analytical results demonstrate that variations in government spending should play no role in the stabilization...
Persistent link: https://www.econbiz.de/10010550812
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