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Helping with the homework : support mechanisms for uncertain reforms in a monetary union
Hefeker, Carsten - In: Jahrbücher für Nationalökonomie und Statistik 239 (2019) 5/6, pp. 983-1004
Persistent link: https://www.econbiz.de/10012122243
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Can energy subsidies help slay inflation?
Erceg, Christopher J.; Kolasa, Marcin; Lindé, Jesper; … - 2024
Persistent link: https://www.econbiz.de/10014534756
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Essays in macroeconomics
Trabandt, Mathias - 2007
Persistent link: https://www.econbiz.de/10003583132
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Oil Price Shocks, Fuel Subsidies and Macroeconomic (In)stability in Nigeria
Omotosho, Babatunde S. - 2021
, this study cautions that a successful fuel subsidy reform must necessarily encompass the deployment of well-targeted safety …This paper studies the macroeconomic implications of oil price shocks and the extant fuel subsidy regime for Nigeria … rate depreciates more in the short-run. Counterfactual simulations also reveal that fuel subsidy removal leads to higher …
Persistent link: https://www.econbiz.de/10013240450
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Optimal monetary policy in the presence of food price subsidies
Ginn, William; Pourroy, Marc - In: Economic modelling 81 (2019), pp. 551-575
Persistent link: https://www.econbiz.de/10012202159
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Policy uncertainty, lender of last resort and the real economy
Jasova, Martina; Mendicino, Caterina; Supera, Dominik - 2021
cross-sectional variation in banks' exposureto uncertainty and find that the size of thehaircut subsidy - the gap between …
Persistent link: https://www.econbiz.de/10012426306
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COVID-19 Pandemic, Direct Cash Transfers, and the Federal Reserve
Beckworth, David - 2020
Over the past few years, some observers have been warning that the Fed needs to update its operating framework to include a level target and the ability to implement direct cash transfers in special situations like the current crisis. They make the case that it is better for the Fed to provide...
Persistent link: https://www.econbiz.de/10012838303
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Redistribution and the monetary-fiscal policy mix
Bhattarai, Saroj; Lee, Jae Won; Yang, Choongryul - 2020
We show that the effectiveness of redistribution policy in stimulating the economy and improving welfare is directly tied to how much inflation it generates, which in turn hinges on monetary-fiscal adjustments that ultimately finance the transfers. We compare two distinct types of...
Persistent link: https://www.econbiz.de/10012388237
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Redistribution and the monetary-fiscal policy mix
Bhattarai, Saroj; Lee, Jae Won; Yang, Choongryul - 2020
Persistent link: https://www.econbiz.de/10012542395
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Redistribution and the monetary-fiscal policy mix
Bhattarai, Saroj; Lee, Jae-Won; Yang, Choongryul - In: Quantitative economics : QE ; journal of the … 14 (2023) 3, pp. 817-853
We show that the effectiveness of redistribution policy is tied to how much inflation it generates, and thereby to monetary‐fiscal adjustments that ultimately finance the transfers. In the monetary regime, taxes increase to finance transfers while in the fiscal regime, inflation rises,...
Persistent link: https://www.econbiz.de/10014362537