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Monetary and Fiscal Policy in Times of Crises: A New Keynesian Perspective in Continuous Time
Hayo, Bernd; Niehof, Britta - 2014
To analyse the interdependence between monetary and fiscal policy during a financial crisis, we develop an open-economy DSGE model with monetary and fiscal policy as well as financial markets in a continuous-time framework based on stochastic differential equations. Monetary policy is modelled...
Persistent link: https://www.econbiz.de/10010435719
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Monetary and fiscal policy in times of crises : a new Keynesian perspective in continuous time
Hayo, Bernd; Niehof, Britta - 2014 - This version: October 27, 2014
To analyse the interdependence between monetary and fiscal policy during a financial crisis, we develop an open-economy DSGE model with monetary and fiscal policy as well as financial markets in a continuous-time framework based on stochastic differential equations. Monetary policy is modelled...
Persistent link: https://www.econbiz.de/10010419528
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Monetary and Fiscal Policy in Times of Crises : A New Keynesian Perspective in Continuous Time
Hayo, Bernd - 2016
To analyse the interdependence between monetary and fiscal policy during a financial crisis, we develop an open-economy DSGE model with monetary and fiscal policy as well as financial markets in a continuous-time framework based on stochastic differential equations. Monetary policy is modelled...
Persistent link: https://www.econbiz.de/10013000528
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Monetary and Fiscal Policy in Times of Crises: A New Keynesian Perspective in Continuous Time
Hayo, Bernd; Niehof, Britta - Volkswirtschaft Abteilung, Fachbereich … - 2014
To analyse the interdependence between monetary and fiscal policy during a financial crisis, we develop an open-economy DSGE model with monetary and fiscal policy as well as financial markets in a continuous-time framework based on stochastic differential equations. Monetary policy is modelled...
Persistent link: https://www.econbiz.de/10010941611
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Monetary and Fiscal Policy in Times of Crises : A New Keynesian Perspective in Continuous Time
Hayo, Bernd; Niehof, Britta - 2023
To analyse the interdependence between monetary and fiscal policy during a financial crisis, we develop an open-economy DSGE model with monetary and fiscal policy as well as financial markets in a continuous-time framework based on stochastic differential equations. Monetary policy is modelled...
Persistent link: https://www.econbiz.de/10014254357
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Asymmetric Monetary Policy Effects in Emu
Hayo, Bernd; Clausen, Volker - 2002
simultaneously estimated for France, Germany, and Italy. Extensive cross equation tests show that relatively large differences in … major EMU countries. However, monetary policy impulses show a relatively stronger effect on the output gap in Italy and …
Persistent link: https://www.econbiz.de/10014119287
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Survey on New Zealanders' attitudes towards and knowledge of macroeconomic policy issues: Documentation of survey methodology and descriptive results
Hayo, Bernd; Neumeier, Florian - 2016
This paper provides background information and basic descriptive statistics for a representative survey of the New Zealand population conducted on our behalf by Research New Zealand in May 2016. The survey addresses important fiscal and monetary policy issues, including: (1) public preferences...
Persistent link: https://www.econbiz.de/10011537408
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Survey on New Zealanders' attitudes towards and knowledge of macroeconomic policy issues : documentation of survey methodology and descriptive results
Hayo, Bernd; Neumeier, Florian - 2016 - This version: 19 July 2016
This paper provides background information and basic descriptive statistics for a representative survey of the New Zealand population conducted on our behalf by Research New Zealand in May 2016. The survey addresses important fiscal and monetary policy issues, including: (1) public preferences...
Persistent link: https://www.econbiz.de/10011516900
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Survey on New Zealanders’ Attitudes Towards and Knowledge of Macroeconomic Policy Issues : Documentation of Survey Methodology and Descriptive Results
Hayo, Bernd - 2017
This paper provides background information and basic descriptive statistics for a representative survey of the New Zealand population conducted on our behalf by Research New Zealand in May 2016. The survey addresses important fiscal and monetary policy issues, including: (1) public preferences...
Persistent link: https://www.econbiz.de/10012962372
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Studying international spillovers in a New Keynesian continuous time framework with financial markets
Hayo, Bernd; Niehof, Britta - 2013
In light of the recent financial and real economic crisis, it seems clear that macroeconomists need to better account for the influence of financial markets. This paper explores the consequences of treating the interaction between different financial markets, monetary policy, and the real...
Persistent link: https://www.econbiz.de/10010333497