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Policy interaction and learning equilibria
Kudoh, Noritaka - In: Macroeconomic dynamics 17 (2013) 4, pp. 920-935
Persistent link: https://www.econbiz.de/10009774970
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Seigniorage and public good in an OLG model with cash-in-advance constraints
Crettez, Bertrand; Michel, Philippe; Wigniolle, Bertrand - In: Research in economics : an international review of economics 56 (2002) 4, pp. 333-364
Persistent link: https://www.econbiz.de/10001724767
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Policy Interaction and Learning Equilibria
Kudoh, Noritaka - 2009
This paper studies fiscal--monetary policy interactions in an endogenous growth model with multiple assets. Under an interest-rate rule, there are two Pareto-ranked balanced growth equilibria. The E-stability principle is used to pin down an equilibrium. Interestingly, expectational...
Persistent link: https://www.econbiz.de/10013154924
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Monetary-Fiscal Policy Interactions and the Price Level : Background and Beyond
Leeper, Eric M. - 2005
The paper presents the fiscal theory of the price level in a variety of models, including endowment economies with lump …-sum taxes and production economies with proportional income taxes. We offer a microeconomic perspective on the fiscal theory by … level. Under certain assumptions on monetary and fiscal behavior, the revaluation effect reflects the fiscal theory …
Persistent link: https://www.econbiz.de/10012784238
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Monetary-Fiscal Policy Interactions and the Price Level : Background and Beyond
Leeper, Eric M. - 2005
The paper presents the fiscal theory of the price level in a variety of models, including endowment economies with lump …-sum taxes and production economies with proportional income taxes. We offer a microeconomic perspective on the fiscal theory by … level. Under certain assumptions on monetary and fiscal behavior, the revaluation effect reflects the fiscal theory …
Persistent link: https://www.econbiz.de/10012467030
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Monetary seigniorage in an emerging economy : empirical evidences
Chakraborty, Lekha - In: International journal of economics and finance 10 (2018) 5, pp. 135-144
Persistent link: https://www.econbiz.de/10011861902
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Equilibria under monetary and fiscal policy interactions in a portfolio choice model
Gliksberg, Baruch - In: Journal of economic dynamics & control 69 (2016), pp. 209-228
Persistent link: https://www.econbiz.de/10011708534
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The effects of corruption on credibility of monetary policy
Boughrara, Adel - In: Economic performance in the Middle East and North …, (pp. 157-174). 2009
Persistent link: https://www.econbiz.de/10003864112
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Insider trading among central bankers : a treatise on temptation and policy choice
Schinke, Michael; Lambsdorff, Johann - 2006
Corruption among central banks induces distorted policies by, first, increasing the inflation bias and, second … bankers with similar preferences, corruption might be tolerated as an instrument of bringing factual policies more in line …
Persistent link: https://www.econbiz.de/10009424461
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Non-benevolent central banks
Lambsdorff, Johann (contributor);  … - 2002
Persistent link: https://www.econbiz.de/10009619390