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Uncertainty and the preferred instrument for fiscal discipline under multitier government

Wielen, Wouter van der - 2014

Persistent link: https://www.econbiz.de/10010350950

Sovereign default and monetary policy tradeoffs

Bi, Huixin; Leeper, Eric M.; Leith, Campbell B. - 2018

Persistent link: https://www.econbiz.de/10011846499

The role of uncertainty in the euro crisis : an application of liquidity preference theory

Pusch, Toralf - In: International review of applied economics 31 (2017) 4, pp. 527-548

Persistent link: https://www.econbiz.de/10011762070

Fiscal stimulus under sovereign risk

Bianchi, Javier; Ottonello, Pablo; Presno, Ignacio - 2019

The excess procyclicality of fiscal policy is commonly viewed as a central malaise in emerging economies. We document that procyclicality is more pervasive in countries with higher sovereign risk and provide a model of optimal fiscal policy with nominal rigidities and endogenous sovereign...

Persistent link: https://www.econbiz.de/10012126086