Similar Search Results

Optimal simple rules for the conduct of monetary and fiscal policy

Chadha, Jagjit (contributor); Nolan, Charles (contributor) - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001703658

On the interaction of monetary and fiscal policy

Chadha, Jagjit (contributor); Nolan, Charles (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001729380

U.S. monetary-fiscal regime changes in the presence of endogenous feedback in policy rules

Chang, Yoosoon; Kwak, Boreum - Leibniz-Institut für Wirtschaftsforschung Halle - 2017

We investigate U.S. monetary and fiscal policy regime interactions in a model, where regimes are determined by latent autoregressive policy factors with endogenous feedback. Policy regimes interact strongly: Shocks that switch one policy from active to passive tend to induce the other policy to...

Persistent link: https://www.econbiz.de/10011657240

The premium of government debt : disentangling safety and liquidity

Xiong, Qizhou - Leibniz-Institut für Wirtschaftsforschung Halle - 2017

The persistent premium of government debt attributes to two main reasons: absolute nominal safety and liquidity. This … paper employs two types of measures of government debt supply to disentangle the safety and liquidity part of the premium … liability to all sector total liability, separates the liquidity premium from the safety premium and has a negative impact too …

Persistent link: https://www.econbiz.de/10011643023

A real time tax smoothing based fiscal policy rule

Loukoianova, Elena (contributor); … - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001713891

Exchange rates and the information channel of monetary policy

Holtemöller, Oliver; Kriwoluzky, Alexander; Kwak, Boreum - Leibniz-Institut für Wirtschaftsforschung Halle - 2020

We disentangle the effects of monetary policy announcements on real economic variables into an interest rate shock component and a central bank information shock component. We identify both components using changes in interest rate futures and in exchange rates around monetary policy...

Persistent link: https://www.econbiz.de/10012295246

Monetary policy in an oil-dependent economy in the presence of multiple shocks

Drygalla, Andrej - Leibniz-Institut für Wirtschaftsforschung Halle - 2017

Russian monetary policy has been challenged by large and continuous private capital outflows and a sharp drop in oil prices during 2014, with both ongoings having put a significant depreciation pressure on the ruble and having led the central bank to eventually give up its exchange rate...

Persistent link: https://www.econbiz.de/10011657233

Optimal monetary policy in a two-sector environmental DSGE model

Holtemöller, Oliver; Sardone, Alessandro - Leibniz-Institut für Wirtschaftsforschung Halle - 2024

In this paper, we discuss how environmental damage and emission reduction policies affect the conduct of monetary policy in a two-sector (clean and dirty) dynamic stochastic general equilibrium model. In particular, we examine the optimal response of the interest rate to changes in sectoral...

Persistent link: https://www.econbiz.de/10014636978

Unions : rent extractors or creators?

Aidt, Toke (contributor); Sena, Vania (contributor) - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001707144

Inflation and price level targeting in a new Keynesian model

Chadha, Jagjit (contributor); Nolan, Charles (contributor) - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001646006