Narrow search
Showing 1 - 10 of 84
Cover Image
Can Fiscal Consolidation help Central Banks Fight Inflation?
Chen, Jiaqian - 2023
This paper argues case that a tighter fiscal policy stance can meaningfully support central banks in fighting inflation in both advanced and emerging market economies. While the standard textbook result suggest that monetary policy is much more effective than fiscal policy in battling inflation...
Persistent link: https://www.econbiz.de/10015058850
Cover Image
Fiscal Stimulus in Liquidity Traps : Conventional or Unconventional Policies?
Lindé, Jesper; Lemoine, Matthieu - 2022
Recent influential work argue that a gradual increase in the sales tax stimulates economic activity in a liquidity trap … by boosting inflation expectations. Higher public infrastructure investment should also be more expansive in a liquidity … in alternative model environments. We therefore conclude that fiscal policymakers in liquidity traps should consider …
Persistent link: https://www.econbiz.de/10013289892
Cover Image
Effects of Fiscal Stimulus in Structural Models
Kumhof, Michael - 2010
The paper assesses, using seven structural models used heavily by policymaking institutions, the effectiveness of temporary fiscal stimulus. Models can, more easily than empirical studies, account for differences between fiscal instruments, for differences between structural characteristics of...
Persistent link: https://www.econbiz.de/10014402816
Cover Image
Effects of Fiscal Stimulus in Structural Models
Coenen, Günter - 2010
The paper assesses, using seven structural models used heavily by policymaking institutions, the effectiveness of temporary fiscal stimulus. Models can, more easily than empirical studies, account for differences between fiscal instruments, for differences between structural characteristics of...
Persistent link: https://www.econbiz.de/10013146280
Cover Image
Fiscal Stimulus in Liquidity Traps : Conventional or Unconventional Policies?
RPS Submitter, Banque de France; Lemoine, Matthieu; … - 2021
Recent influential work argue that a gradual increase in sales tax stimulates economic activityin a liquidity trap by … boosting inflation expectations. Higher public infrastructure investmentshould also be more expansive in a liquidity trap than …
Persistent link: https://www.econbiz.de/10013229870
Cover Image
Understanding post-COVID inflation dynamics
Harding Affeld, Martín Ignacio; Lindé, Jesper; … - 2023
Persistent link: https://www.econbiz.de/10014249592
Cover Image
Should we use linearized models to calculate fiscal multipliers?
Lindé, Jesper; Trabandt, Mathias - 2017
-lived liquidity traps, and pin down the key features in the model which account for the difference. Our results caution against the … common practice of using linearized models to calculate fiscal multipliers in long-lived liquidity traps. …
Persistent link: https://www.econbiz.de/10011775554
Cover Image
Optimal policy with partial information in a forward-looking model : certainty-equivalence redux
Svensson, Lars E. O.; Woodford, Michael - 2003
Persistent link: https://www.econbiz.de/10001728169
Cover Image
Firm-specific capital, nominal rigidities, and the business cycle
Altig, David; Christiano, Lawrence J.; Eichenbaum, Martin S. - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002556152
Cover Image
Firm-specific capital, nominal rigidities and the business cycle
Altig, David; Christiano, Lawrence J.; Eichenbaum, Martin S. - 2005
Persistent link: https://www.econbiz.de/10002556344