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A comprehensive comparison of fiscal and monetary policies : a comparative dynamics approach

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Control of the public debt : a requirement for price stability?

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The continuing relevance of fiscal policy

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Optimal inflation targeting under alternative fiscal regimes

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Fiscal and interest rate policies in the "new consensus" framework: a different perspective

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Optimal monetary and fiscal policy in a liquidity trap

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Fiscal policy matters

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Optimal inflation targeting under alternative fiscal regimes

Benigno, Pierpaolo; Woodford, Michael - 2006

"Standard discussions of flexible inflation targeting as an optimal monetary policy abstract completely from the consequences of monetary policy for the government budget. But at least some of the countries now adopting inflation targeting have substantial difficulty in controlling fiscal...

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Optimal inflation targeting under alternative fiscal regimes

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