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Monetary Concequences of Alternative Fiscal Policy Rules
Railavo, Jukka - Society for Computational Economics - SCE - 2005
. Under discretionary monetary policy the size of the inflation bias depends on the fiscal policy regime. Using the timeless … alternative fiscal policy rules, and inflation and output persistence reflects the economic data. With the deficit rules, the …
Persistent link: https://www.econbiz.de/10005345042
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Strengthening the Macroeconomic Policy Framework in South Africa
Lysenko, Tatiana; Barnard, Geoff - Economics Department, Organisation de Coopération et … - 2011
resilient to external shocks. Enhancing the credibility of the inflation target would provide the monetary authorities with more …. Améliorer la crédibilité de l’objectif d’inflation donnerait aux autorités monétaires plus de latitude pour réagir aux chocs …
Persistent link: https://www.econbiz.de/10008854030
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Inflation Targets and Debt Accumulation in a Monetary Union.
Beetsma, R.; Bovenberg, A.L. - CentER for Economic Research, Universiteit van Tilburg - 1999
alleviated by adopting state-contingent inflation targets (to combat the monetary policy commitments problem) and shock …
Persistent link: https://www.econbiz.de/10005660447
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Monetary consequences of alternative fiscal policy rules
Railavo, Jukka - Suomen Pankki - 2004
optimise. Under discretionary monetary policy the size of the inflation bias depends on the fiscal policy regime. Using the … with the alternative fiscal policy rules, and inflation and output persistence reflects the economic data. With the deficit …
Persistent link: https://www.econbiz.de/10005207156
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Interaction between Monetary and Fiscal Policy in a Small Open Economy with Autonomous Monetary Policy and Fiscal Policy Rule
Prusvic, David - In: ACTA VSFS 2 (2008) 1, pp. 56-79
the Czech National Bank’s independency is evaluated as a very strong one, its monetary-policy regime is inflation …
Persistent link: https://www.econbiz.de/10010860147
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Russian Federation — Concluding Statement for the 2012 Article IV Consultation Mission (Moscow, June 13, 2012)
International Monetary Fund. - In: VOPROSY ECONOMIKI 7 (2012)
inflation on a declining path. The increased exchange rate flexibility has been a major policy advancement and is helping the …
Persistent link: https://www.econbiz.de/10011007731
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Forecasting and policy making
Wieland, Volker; Wolters, Maik Hendrik - House of Finance, Goethe Universität Frankfurt am Main - 2012
Persistent link: https://www.econbiz.de/10010955284
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The Impact of the Great Recession on Monetary and Fiscal Policy in Developed Market Economies
Šehović, Damir - In: Business Systems Research 6 (2015) 1, pp. 56-71
to the question of raising target inflation, considering a possible use of aggregate price level targeting and paying …
Persistent link: https://www.econbiz.de/10011272288
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"The European Central Bank and Why Things Are the Way They Are: A Historic Monetary Policy Pivot Point and Moment of (Relative) Clarity"
Dubois, Robert - Levy Economics Institute - 2012
Not since the Great Depression have monetary policy matters and institutions weighed so heavily in commercial, financial, and political arenas. Apart from the eurozone crisis and global monetary policy issues, for nearly two years all else has counted for little more than noise on a relative...
Persistent link: https://www.econbiz.de/10009652087
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The Interaction of Monetary and Fiscal Policy in the Visegrad Group Countries
Janků, Jan; Kappel, Stanislav; Kučerová, Zuzana - In: Politická ekonomie 2014 (2014) 4, pp. 459-479
economic and political decision-making process. Methodical approaches of this article are based on the game theory, which deals …
Persistent link: https://www.econbiz.de/10011228242