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Optimal Fiscal Stabilization Policy with Credible Central Bank Independence
Lambertini, Luca; Rovelli, Riccardo - 2003
We study a model where monetary and fiscal policy share the task of stabilizing output and inflation, and the central bank has been assigned a mandate for the latter. The optimal fiscal policy does not imply assigning to the government a (symmetric) mandate to stabilize output. Instead, the...
Persistent link: https://www.econbiz.de/10014095013
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The cost of heterogeneity in a Monetary Union
Hughes Hallett, Andrew - 2002
Persistent link: https://www.econbiz.de/10013423815
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The liquidity trap, democracy and central bank independence
Croitoru, Lucian - In: Analele ştiinţifice ale Univerşităţii Alexandru … 61 (2014) 1, pp. 17-30
Persistent link: https://www.econbiz.de/10010423855
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Central banking in challenging times
Borio, Claudio E. V. - 2019
Persistent link: https://www.econbiz.de/10012168844
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Central bank independence : what are the key issues?
Njoroge, Patrick; Kanga, Désiré; Murinde, Victor - In: 50 years of central banking in Kenya : regional and …, (pp. 39-67). 2021
Persistent link: https://www.econbiz.de/10012806391
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Is delegating half of demand management sensible?
Rankin, Neil - 1995
Persistent link: https://www.econbiz.de/10000925839
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Costs of separating budgetary policy from control of inflation : a neglected aspect of central bank independence
Blake, Andrew P. - In: Oxford economic papers 50 (1998) 3, pp. 449-467
Persistent link: https://www.econbiz.de/10001338127
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Optimal fiscal and monetary policy under debt reduction programmes
Castrén, Olli - In: Fiscal-monetary policy coordination and Central Bank …, (pp. 94-128). 1998
Persistent link: https://www.econbiz.de/10001324836
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Central bank independence and public debt policy
Beetsma, Roel - In: Journal of economic dynamics & control 21 (1997) 4, pp. 873-894
Persistent link: https://www.econbiz.de/10001221209