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Jump-starting the euro area recovery : would a rise in core fiscal spending help the periphery?
Blanchard, Olivier; Erceg, Christopher J.; Lindé, Jesper - 2015
liquidity trap lasting three years, about half as large as the effect on core GDP. Accordingly, under a standard ad hoc loss …
Persistent link: https://www.econbiz.de/10011294265
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Fed QE and bank lending behaviour : a heterogeneity analysis of asset purchases
Grimaldi, Marianna; Kapoor, Supriya - 2023
dependent on banks' solvency and liquidity exposures. Our results highlight that it is necessary to take heterogeneity of …
Persistent link: https://www.econbiz.de/10014393221
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Excess liquidity and the money market in the euro area
Beaupain, Renaud; Durré, Alain - In: Journal of macroeconomics 47 (2016), pp. 33-44
Persistent link: https://www.econbiz.de/10011707476
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Optimal simple rules for the conduct of monetary and fiscal policy
Chadha, Jagjit; Nolan, Charles - In: Journal of macroeconomics 29 (2007) 4, pp. 665-689
Persistent link: https://www.econbiz.de/10003586682
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Perpetual youth and endogenous labor supply : a problem and a possible solution
Ascari, Guido; Rankin, Neil - In: Journal of macroeconomics 29 (2007) 4, pp. 708-723
Persistent link: https://www.econbiz.de/10003586687
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Jointly optimal monetary and fiscal policy rules under liquidity constraints
Bi, Huixin; Kumhof, Michael - In: Journal of macroeconomics 33 (2011) 3, pp. 373-389
Persistent link: https://www.econbiz.de/10009248392
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Distortionary fiscal policy and monetary policy goals
Adam, Klaus; Billi, Roberto M. - 2013
We reconsider the role of an inflation conservative central banker in a setting with distortionary taxation. To do so, we assume monetary and fiscal policy are decided by independent authorities that do not abide to past commitments. If the two authorities make policy decisions simultaneously,...
Persistent link: https://www.econbiz.de/10010202952
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Comment on: "The Eurozone crisis : phoenix miracle or lost decade?"
Philippopulos, Apostolēs - In: Journal of macroeconomics 39 (2014) 2, pp. 309-312
Persistent link: https://www.econbiz.de/10010494049
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The European crisis and the role of the financial system
Constâncio, Vítor - In: Journal of macroeconomics 39 (2014) 2, pp. 250-259
Persistent link: https://www.econbiz.de/10010494076
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Optimal fiscal and monetary policy under imperfect competition
Schmitt-Grohé, Stephanie; Uribe, Martín - In: Journal of macroeconomics 26 (2004) 2, pp. 183-209
Persistent link: https://www.econbiz.de/10002088293