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Fiscal foundations of inflation : imperfect knowledge
Eusepi, Stefano; Preston, Bruce - 2013
This paper proposes a theory of the fiscal foundations of inflation based on imperfect knowledge and learning. The … theory is similar in spirit to, but distinct from, unpleasant monetarist arithmetic and the fiscal theory of the price level …
Persistent link: https://www.econbiz.de/10010202656
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Do heterogeneous expectations constitute a challenge for policy interaction?
Gasteiger, Emanuel - 2015
Persistent link: https://www.econbiz.de/10011379438
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Do heterogeneous expectations constitute a challenge for policy interaction?
Gasteiger, Emanuel - 2016
Yes, indeed; at least for macroeconomic policy interaction. We examine a Neo-Classical economy and provide the conditions for policy arrangements to successfully stabilize the economy when agents have either rational or adaptive expectations. For a contemporaneous-data monetary policy rule, the...
Persistent link: https://www.econbiz.de/10011513023
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Fiscal Foundations of Inflation : Imperfect Knowledge
Eusepi, Stefano - 2013
This paper proposes a theory of the fiscal foundations of inflation based on imperfect knowledge and learning. The … theory is similar in spirit to, but distinct from, unpleasant monetarist arithmetic and the fiscal theory of the price level …
Persistent link: https://www.econbiz.de/10013074021
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Fiscal Foundations of Inflation : Imperfect Knowledge
Eusepi, Stefano - 2017
This paper proposes a theory of the fiscal foundations of inflation based on imperfect knowledge and learning. Because …
Persistent link: https://www.econbiz.de/10012957323
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Do Heterogeneous Expectations Constitute a Challenge for Policy Interaction?
Gasteiger, Emanuel - 2016
Yes, indeed; at least for macroeconomic policy interaction. We examine a Neo-Classical economy and provide the conditions for policy arrangements to successfully stabilize the economy when agents have either rational or adaptive expectations. For a contemporaneous-data monetary policy rule, the...
Persistent link: https://www.econbiz.de/10013003294
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Do heterogeneous expectations constitute a challenge for policy interaction?
Gasteiger, Emanuel - In: Macroeconomic dynamics 22 (2018) 8, pp. 2107-2140
Persistent link: https://www.econbiz.de/10012127578
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Fiscal foundations of inflation : imperfect knowledge
Eusepi, Stefano; Preston, Bruce - In: The American economic review 108 (2018) 9, pp. 2551-2589
Persistent link: https://www.econbiz.de/10011911142
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Fiscal foundations of inflation : imperfect knowledge
Eusepi, Stefano; Preston, Bruce - 2017
Persistent link: https://www.econbiz.de/10011747788
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Supply and price effects of monetary and fiscal policy in Poland under transition : an econometric analysis
Milo, Wladyslaw; Ciesluk, Urszula; Zglinska-Pietrzak, Aneta - In: Exchange rate policies, prices, and supply-side …, (pp. 157-165). 2001
Persistent link: https://www.econbiz.de/10001584294