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Fiscal stimulus in liquidity traps : conventional or unconventional policies?
Lindé, Jesper; Lemoine, Matthieu - 2020
Persistent link: https://www.econbiz.de/10012504850
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DSGE models : still useful in policy analysis?
Lindé, Jesper - In: Oxford review of economic policy 34 (2018) 1/2, pp. 269-286
Persistent link: https://www.econbiz.de/10011953911
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Fiscal stimulus in liquidity traps : conventional or unconventional policies?
Lemoine, Matthieu; Lindé, Jesper - In: European economic review : EER 151 (2023), pp. 1-43
Persistent link: https://www.econbiz.de/10014235171
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Fiscal and monetary stabilization policy at the zero lower bound : consequences of limited foresight
Woodford, Michael; Xie, Yinxi - In: Journal of monetary economics 125 (2022), pp. 18-35
Persistent link: https://www.econbiz.de/10013350424
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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
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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
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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
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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
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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
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Understanding post-COVID inflation dynamics
Harding Affeld, Martín Ignacio; Lindé, Jesper; … - 2023
Persistent link: https://www.econbiz.de/10014249592