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The effect of data revision on the basic New Keynesian model

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Is price level targeting a robust monetary rule?

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A lesson from the South for fiscal policy in the US and other advanced countries

Frankel, Jeffrey A. - 2011

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A lesson from the South for fiscal policy in the US and other advanced countries

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A Lesson from the South for Fiscal Policy in the US and Other Advanced Countries

Frankel, Jeffrey A. - 2011

American fiscal policy has been procyclical: Washington wasted the expansion period 2001-2007 by running budget deficits, but by 2011 had come to feel constrained by inherited debt to withdraw fiscal stimulus. Chile has achieved countercyclical fiscal policy – saving in booms and easing in...

Persistent link: https://www.econbiz.de/10013124011