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Pareto Improving Fiscal and Monetary Policies : Samuelson in the New Keynesian Model
Aguiar, Mark; Amador, Manuel; Arellano, Cristina - National Bureau of Economic Research - 2023
global equilibrium dynamics of inflation, interest rates, and labor earnings in response to changes in the stock of … inflation …
Persistent link: https://www.econbiz.de/10014322685
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Welfare and bond pricing implications of fiscal stabilization policies
Christoffel, Kai; Jaccard, Ivan; Kilponen, Juha - 2013
Persistent link: https://www.econbiz.de/10010226730
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Welfare and Bond Pricing Implications of Fiscal Stabilization Policies
Christoffel, Kai Philipp - 2013
How do cyclical fiscal stabilisation policies affect welfare and government bond risk premia? Using a new Keynesian model we find that the effects of fiscal policy rules on the bond premium and welfare crucially depend on the source of business cycle fluctuations. The overall effect is estimated...
Persistent link: https://www.econbiz.de/10013071565
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QE in the fiscal theory : a risk-based view
Corhay, Alexandre; Kung, Howard; Morales, Gonzalo - 2017
discount rates affect inflation through the intertemporal government budget equation. When the yield curve is upward …
Persistent link: https://www.econbiz.de/10011721588
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Fiscal policy perceptions in a behavioral New Keynesian model
Lubik, Thomas A.; Marzo, Massimiliano - In: Annals of economics and finance 22 (2021) 2, pp. 255-287
Persistent link: https://www.econbiz.de/10013350838
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Fiscal sustainability in a new Keynesian model : additional appendix (not for publication)
Leith, Campbell B.; Wren-Lewis, Simon - 2012
Persistent link: https://www.econbiz.de/10009722690
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Fiscal sustainability in a new Keynesian model
Leith, Campbell B.; Wren-Lewis, Simon - In: Journal of money, credit and banking : JMCB 45 (2013) 8, pp. 1477-1516
Persistent link: https://www.econbiz.de/10010344574
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Political conflict and bargaining in a New Keynesian model of fiscal stabilization
Flamini, Francesca; Leith, Campbell B. - In: Macroeconomic dynamics 25 (2021) 8, pp. 2128-2179
Persistent link: https://www.econbiz.de/10012704947
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Central bank independence, government debt and the re-normalization of interest rates
Kirsanova, Tatiana; Leith, Campbell B.; Liu, Ding - 2024
Persistent link: https://www.econbiz.de/10015080052