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Fiscal tools at the zero lower bound: A DSGE model with occasionally binding constraints on monetary policy and borrowing
Adolfsen, Jakob Feveile - 2017
The paper analyses the effectiveness of fiscal tools at the zero lower bound (ZLB). A non-linear New Keynesian DSGE model with occasionally binding constraints on monetary policy and borrowing is applied. When the ZLB binds in a liquidity trap, government spending becomes more effective in...
Persistent link: https://www.econbiz.de/10012059471
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Balanced-budget rules and risk-sharing in a fiscal union
Dashkeev, Vladimir V.; Turnovsky, Stephen J. - In: Journal of macroeconomics 57 (2018), pp. 277-298
Persistent link: https://www.econbiz.de/10012127986
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Optimal fiscal and monetary policy with occasionally binding zero bound constraints
Nakata, Taisuke - In: Journal of economic dynamics & control 73 (2016), pp. 220-240
Persistent link: https://www.econbiz.de/10011709103
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Fiscal tools at the zero lower bound : a DSGE model with occasionally binding constraints on monetary policy and borrowing
Adolfsen, Jakob Feveile - 2017
The paper analyses the effectiveness of fiscal tools at the zero lower bound (ZLB). A non-linear New Keynesian DSGE model with occasionally binding constraints on monetary policy and borrowing is applied. When the ZLB binds in a liquidity trap, government spending becomes more effective in...
Persistent link: https://www.econbiz.de/10011778742
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Tax systems and public borrowing limits in a fiscal union
Dashkeev, Vladimir V.; Turnovsky, Stephen J. - In: International tax and public finance 30 (2023) 2, pp. 351-395
Persistent link: https://www.econbiz.de/10014253548
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Fiscal spending multipliers over the household leverage cycle
Klein, Mathias; Polattimur, Hamza; Winkler, Roland - 2020
Persistent link: https://www.econbiz.de/10012439291
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Fiscal spending multipliers over the household leverage cycle
Klein, Mathias; Polattimur, Hamza; Winkler, Roland - In: European economic review : EER 141 (2022), pp. 1-19
Persistent link: https://www.econbiz.de/10013348611