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Analysis of the balance between U.S. monetary and fiscal policy using simulated wavelet-based optimal tracking control

Crowley, Patrick M.; Hudgins, David - 2016

Persistent link: https://www.econbiz.de/10011524358

Fiscal policy tracking design in the time : frequency domain using wavelet analysis

Crowley, Patrick M.; Hudgins, David - In: Economic modelling 51 (2015), pp. 502-514

Persistent link: https://www.econbiz.de/10011476134

Stress-testing U.S. macroeconomic policy : a computational approach using stochastic and robust designs in a wavelet-based optimal control framework

Hudgins, David; Crowley, Patrick M. - In: Computational economics 53 (2019) 4, pp. 1509-1546

Persistent link: https://www.econbiz.de/10012135574

How effective is the Taylor rule? : some insights from the time-frequency domain

Crowley, Patrick M.; Hudgins, David - 2020

When the central bank sets monetary policy according to a conventional or modified Taylor rule (which is known as the Taylor Principle), does this deliver the best outcome for the mac-roeconomy as a whole? This question is addressed by extending the wavelet-based control (WBC) model of Crowley...

Persistent link: https://www.econbiz.de/10012170972