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Meade, James E.; Vines, David - 1988

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The economic consequences of the franc poincare

Eichengreen, Barry; Wyplosz, Charles - 1986

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Optimal simple and implementable monetary and fiscal rules

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Strategic interactions between an independent central bank and a myopic government with government debt

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Optimal fiscal and monetary policy in a medium-scale macroeconomic model

Schmitt-Grohé, Stephanie (contributor); … - 2006

In this paper, we study Ramsey-optimal fiscal and monetary policy in a mediumscale model of the U.S. business cycle. The model features a rich array of real and nominal rigidities that have been identified in the recent empirical literature as salient in explaining observed aggregate...