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Five-Equation Macroeconomics A Simple View of the Interactions Between Fiscal Policy and Monetary Policy
Kirsanova, Tatiana; Stehn, Sven Jari; Vines, David - Business School, University of Exeter - 2006
This paper studies the interactions of fiscal and monetary policy when they stabilise a single economy against shocks … in a dynamic setting. We assume that fiscal and monetary policies both stabilise the economy only by causing changes to … the fiscal authority allows monetary policy to perform nearly all of the burden of stabilising the economy. If the …
Persistent link: https://www.econbiz.de/10008852476
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Optimal Fiscal Feedback on Debt in an Economy with Nominal Rigidities
Kirsanova, Tatiana; Wren-Lewis, Simon - Centre for Dynamic Macroeconomic Analysis, University … - 2006
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
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Optimal Fiscal Feedback on Debt in an Economy with Nominal Rigidities
Wren-Lewis, Simon; Kirsanova, Tatiana - Department of Economics, Oxford University - 2007
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/10005090694
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Optimal Fiscal Feedback on Debt in an Economy with Nominal Rigidities
Kirsanova, Tatiana; Wren-Lewis, Simon - Business School, University of Exeter - 2007
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/10008852509