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Macroeconomic effects of reforms on three diverse oil exporters : Russia, Saudi Arabia, and the UK

Beidas-Strom, Samya; Lorusso, Marco - 2019

We build and estimate open economy two-bloc DSGE models to study the transmission and impact of shocks in Russia, Saudi …

Persistent link: https://www.econbiz.de/10012112123

Shotgun wedding : fiscal and monetary policy

Bassetto, Marco; Sargent, Thomas J. - 2020

Persistent link: https://www.econbiz.de/10012222077

Optimal inflation targeting under alternative fiscal regimes

Benigno, Pierpaolo; Woodford, Michael - 2006

Persistent link: https://www.econbiz.de/10003316885

How to improve inflation targeting in Canada

Obstfeld, Maurice; Clinton, Kevin; Kamenik, Ondra; … - 2016

simulations indicate that a potent macroeconomic strategy, for returning the Canadian economy to potential, combines conventional …

Persistent link: https://www.econbiz.de/10011715420

Monetary Policy and Public Finances : Inflation Targets in a New Perspective

Beddies, Christian H. - 1999

This paper considers the interaction between the private sector, the monetary authority, and the fiscal authority, and concludes that unrestricted central bank independence may not be an optimal way to collect seigniorage revenues or stabilize supply shocks. Moreover, the paper shows that the...

Persistent link: https://www.econbiz.de/10014400651

Inflation Targeting and Fiscal Rules : Do Interactions and Sequencing Matter?

Combes, Jean-Louis - 2014

The paper examines the joint impact of inflation targeting (IT) and fiscal rules (FR) on fiscal behavior and inflation in a broad panel of advanced and developing economies over the period 1990-2009. The main contribution of the paper is to show that, as suggested by the theoretical literature,...