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Optimal monetary and fiscal policy with a zero bound on nominal interest rates
Schmidt, Sebastian - In: Journal of money, credit and banking : JMCB 45 (2013) 7, pp. 1335-1350
Persistent link: https://www.econbiz.de/10010197463
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Fiscal sustainability in a new Keynesian model
Leith, Campbell B.; Wren-Lewis, Simon - In: Journal of money, credit and banking : JMCB 45 (2013) 8, pp. 1477-1516
Persistent link: https://www.econbiz.de/10010344574
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Households' balance sheets and the effect of fiscal policy
Andrés, Javier; Boscá, José E.; Ferri, Javier; … - In: Journal of money, credit and banking : JMCB 54 (2022) 4, pp. 737-778
Persistent link: https://www.econbiz.de/10013281313
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Households' balance sheets and the effect of fiscal policy
Andrés, Javier; Boscá, José E.; Ferri, Javier; … - 2017
Using the Panel Survey of Income Dynamics, we identify six household types as a function of their balance sheet composition. Since 1999, there has been a decline in the share of patient households and an increase in the share of impatient households with negative wealth. Using a DSGE model with...
Persistent link: https://www.econbiz.de/10011927002
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The role of money in monetary policy at the lower bound
Billi, Roberto M.; Söderström, Ulf; Walsh, Carl E. - In: Journal of money, credit and banking : JMCB 55 (2023) 4, pp. 681-716
Persistent link: https://www.econbiz.de/10014306106
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Rule-of-thumb consumers meet sticky wages
Colciago, Andrea - In: Journal of money, credit and banking : JMCB 43 (2011) 2/3, pp. 325-353
Persistent link: https://www.econbiz.de/10009237969
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Expectations formation, sticky prices, and the ZLB
Bersson, Elizabeth; Hürtgen, Patrick; Paustian, Matthias - In: Journal of money, credit and banking : JMCB 56 (2024) 2/3, pp. 365-393
Persistent link: https://www.econbiz.de/10014544025
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Fiscal Multipliers at the Zero Lower Bound : The Role of Policy Inertia
Hills, Timothy - 2015
multiplier nontrivially when the policy rate is constrained at the zero lower bound (ZLB). In the economy with policy inertia …
Persistent link: https://www.econbiz.de/10013031117
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Econometric policy evaluation and inverse control
Salemi, Michael K. - In: Journal of money, credit and banking : JMCB 38 (2006) 7, pp. 1737-1764
Persistent link: https://www.econbiz.de/10003386747
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Monetary policy and the natural rate of interest
Canzoneri, Matthew B.; Cumby, Robert; Diba, Behzad - In: Journal of money, credit and banking : JMCB 47 (2015) 2/3, pp. 383-413
Persistent link: https://www.econbiz.de/10010519151