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bound, a temporary fiscal stimulus, or in some cases a policy of fiscal austerity, will insulate the economy from deflation …
Persistent link: https://www.econbiz.de/10010904151
to optimal monetary policy. We explore this consensus assignment in an economy subject to ‘deep’ habits at the level of … economy subject to the additional externality of deep habits and explore the ability of simple (but potentially non …
Persistent link: https://www.econbiz.de/10008527082
We study the impact of anticipated fiscal policy changes in a Ramsey economy where agents form long …
Persistent link: https://www.econbiz.de/10010904148
We examine the impact of different degrees of fiscal feedback on debt in an economy with nominal rigidities where …
Persistent link: https://www.econbiz.de/10005807991