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The new Keynesian cross
Bilbiie, Florin Ovidiu - In: Journal of monetary economics 114 (2020), pp. 90-108
Persistent link: https://www.econbiz.de/10012494862
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Stabilization vs. redistribution : the optimal monetary-fiscal mix
Bilbiie, Florin Ovidiu; Monacelli, Tommaso - 2020
Persistent link: https://www.econbiz.de/10012298736
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Sectoral intermediate goods and redistributive effects of economic policies
Nalban, Valeriu - In: Journal of macroeconomics 58 (2018), pp. 292-307
Persistent link: https://www.econbiz.de/10012128318
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A benefit of monetary policy response to inequality
Nutahara, Kengo - 2022
Persistent link: https://www.econbiz.de/10014337175
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The role of MPC heterogeneity for fiscal and monetary policy in the Euro Area
Albacete, Nicolas; Fessler, Pirmin; Pekanov, Atanas - 2024
- we employ data of 22 European countries to assess the role of heterogeneity of the marginal propensity to consume (MPC …) for fiscal policy in the Euro area. We document an average MPC of 0.46 in the Euro area and illustrate its heterogeneity … (empirically measured heterogeneity of) MPC affects fiscal policy and makes it more effective in stimulating GDP growth than under …
Persistent link: https://www.econbiz.de/10014486919
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The COVID-19 crisis and the structural problems of Latin America and the Caribbean: responding to the emergency with a long-term perspective
Abeles, Martín; Pérez Caldentey, Esteban; Porcile, Gabriel - In: CEPAL review (2020) 132, pp. 143-170
Persistent link: https://www.econbiz.de/10012697406
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Monetary-fiscal interaction and the liquidity of government debt
Cantore, Cristiano; Leonardi, Edoardo - 2024
Persistent link: https://www.econbiz.de/10014494080
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Asset supply and liquidity transformation in HANK
Chiang, Yu-Ting; Zoch, Piotr - 2022
Persistent link: https://www.econbiz.de/10013465027
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Corona policy according to hank
Hagedorn, Marcus; Mitman, Kurt - 2020
Persistent link: https://www.econbiz.de/10012216060
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Fiscal and monetary policies in complex evolving economies
Dosi, Giovanni; Fagiolo, Giorgio; Napoletano, Mauro; … - 2014
In this paper we explore the effects of alternative combinations of fiscal and monetary policies under different income distribution regimes. In particular, we aim at evaluating fiscal rules in economies subject to banking crises and deep recessions. We do so using an agent-based model populated...
Persistent link: https://www.econbiz.de/10010403730