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Long-term perspectives for economic growth : 43rd Economics Conference 2015
Gnan, Ernest (contributor); Schuch, Ingeborg (contributor) - 2015
Persistent link: https://www.econbiz.de/10011406319
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The future of European integration : some economic perspectives ; 39th Economics Conference 2011
Gnan, Ernest (contributor); Schwarz, Rita (contributor) - 2011
Persistent link: https://www.econbiz.de/10009348641
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Limited fiscal space in CESEE : needs and options for post-crisis reform ; 68th East Jour Fixe of the Oesterreichische Nationalbank February 28, 2011
Mooslechner, Peter (contributor); Eller, Markus (contributor) - 2012
Persistent link: https://www.econbiz.de/10009504514
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Optimal fiscal and monetary policy
Chari, V. V.; Kehoe, Patrick J. - Federal Reserve Bank of Minneapolis - 1998
, we analyze optimal monetary policy in three commonly used models of money: a cash-credit economy, a money …-in-the-utility-function economy, and a shopping-time economy. …
Persistent link: https://www.econbiz.de/10005367605
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The time consistency of monetary and fiscal policies
Alvarez, Fernando; Kehoe, Patrick J.; Neumeyer, Pablo - Federal Reserve Bank of Minneapolis - 2003
commitment. We then show that optimal policies are time consistent if the Friedman rule is optimal. For our benchmark economy in …
Persistent link: https://www.econbiz.de/10005367747
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Tax distortions in a neoclassical monetary economy
Cooley, Thomas F.; Hansen, Gary D. - Federal Reserve Bank of Minneapolis - 1991
. We construct an artificial monetary economy incorporating the cash-in-advance framework of Lucas and Stokey (1983 …), calibrate it to match important features of the U.S. economy, and simulate it to provide a quantitative assessment of the …
Persistent link: https://www.econbiz.de/10005372825
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Optimal fiscal and monetary policy: some recent results
Chari, V. V.; Christiano, Lawrence J.; Kehoe, Patrick J. - Federal Reserve Bank of Minneapolis - 1991
is activist in the sense that it responds to shocks to the economy. …
Persistent link: https://www.econbiz.de/10005498465
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Optimal fiscal and monetary policy: equivalence results
Correia, Isabel; Nicolini, Juan Pablo; Teles, Pedro - Federal Reserve Bank of Minneapolis - 2008
In this article, we analyze the implications of price-setting restrictions for the conduct of cyclical fiscal and monetary policy. We consider standard monetary economies that differ in the price-setting restrictions imposed on the firms. We show that, independently of the degree or type of...
Persistent link: https://www.econbiz.de/10005498473
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The time consistency of monetary and fiscal policies
Alvarez, Fernando; Kehoe, Patrick J.; Neumeyer, Pablo - Federal Reserve Bank of Minneapolis - 2002
Are optimal monetary and fiscal policies time consistent in a monetary economy? Yes, but if and only if under …
Persistent link: https://www.econbiz.de/10005427782