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Dynamic effects of persistent shocks
Alloza, Mario; Gonzalo Muñoz, Jesus; Sanz, Carlos - 2019
Persistent link: https://www.econbiz.de/10012158755
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Macroeconomic adjustment with segmented labor markets
Agénor, Pierre-Richard - 1994
Persistent link: https://www.econbiz.de/10000893878
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Time inconsistency and free-riding in a monetary union
Chari, Varadarajan V.; Kehoe, Patrick J. - 2002
"We analyze the setting of monetary and nonmonetary policies in monetary unions. We show that in these unions a time inconsistency problem in monetary policy leads to a novel type of free-rider problem in the setting of nonmonetary policies, such as labor market policy, fiscal policy, and bank...
Persistent link: https://www.econbiz.de/10001720602
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Normative fiscal policy and growth : some quantitative implications for the Chilean economy
Espino, Emilio; González Rozada, Martín - 2013
This paper explores the qualitative and quantitative implications of optimal taxation in a developing economy when … economic growth is endogenously determined. We differentiate this class of economies from a developed economy in two aspects … equilibrium allocations and Ramsey allocations in the context of a small open economy in which the interest rate is endogenously …
Persistent link: https://www.econbiz.de/10011303820
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A behavioral new Keynesian model
Gabaix, Xavier - 2016
Persistent link: https://www.econbiz.de/10011607741
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A behavioral new Keynesian model
Gabaix, Xavier - In: The American economic review 110 (2020) 8, pp. 2271-2327
Persistent link: https://www.econbiz.de/10012430832
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Trade policy, income and employment
Baldwin, Robert E. - 1984
Persistent link: https://www.econbiz.de/10001503615
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The effects of fiscal policy on employment : an analysis of the aggregate evidence
Tafuro, Andrea - 2015
Persistent link: https://www.econbiz.de/10011632217
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State-owned enterprises, shirking and trade liberalization
Ghosh, Madanmohan; Whalley, John - 2000
Persistent link: https://www.econbiz.de/10001474972
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Towards a new paradigm : the inflation shock as a catalyst?
Creel, Jérôme; Geerolf, François; Levasseur, Sandrine; … - 2024
During the recent inflation episode, the paradigm of separated objectives for monetary and fiscal policies has shown some limits. Fiscal policies have helped mitigate inflation. We advocate for the emergence of a new paradigm that gives equal consideration to fiscal and monetary policies and...
Persistent link: https://www.econbiz.de/10014502431