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Persistent link: https://www.econbiz.de/10013350838

Local determinacy in incomplete-markets models

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Hagedorn, Marcus - 2024

The Fiscal Theory of the Price Level (FTPL) is a promise to obtain price level determinacy even if the nominal interest … incomplete markets models or the mechanics of the Fiscal Theory of the Price Level. …

Persistent link: https://www.econbiz.de/10014464269

Uncertainty, risk-attitudes and the neutrality of fiscal and monetary pollicies : the Ricardian case

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Monetary and fiscal policy interactions in a New Keynesian model with capital accumulation and non-Ricardian consumers

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Monetary-fiscal policy interactions under implementable monetary policy rules

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Monetary and fiscal policy interactions in a new Keynesian model with capital accumulation and non-Ricardian consumers

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This paper develops a small New Keynesian model with capital accumulation and government debt dynamics. The paper discusses the design of simple monetary and fiscal policy rules consistent with determinate equilibrium dynamics in the absence of Ricardian equivalence. Under this assumption,...

Persistent link: https://www.econbiz.de/10003353718

Monetary and fiscal policy interactions in a new Keynesian model with capital accumulation and non-Ricardian consumers

Leith, Campbell B. (contributor); … - 2006

Persistent link: https://www.econbiz.de/10003339189

Monetary and fiscal policy interactions in a New Keynesian model with capital accumulation and non-Ricardian consumers

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Persistent link: https://www.econbiz.de/10003337474

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