We show that the effectiveness of redistribution policy is tied to how much inflation it generates, and thereby to … while in the fiscal regime, inflation rises, imposing inflation taxes on public debt holders. We show analytically that the … fiscal regime generates larger and more persistent inflation than the monetary regime. In a two‐sector model, we quantify the …

and fiscal policy instruments in Egypt contribute to economic stability through their effects on inflation, output and …, inflation and debt. Also, it would be neither possible to contrast the outcome of monetary and fiscal authorities commitment to …

a spending multiplier around unity when the economy is in an expansionary phase. The spending multiplier is greater and …. The tax revenue multiplier is negative and much smaller in magnitude than the spending multiplier. The results are robust …

Geldpolitik führen, deren Schwerpunkt dann wieder auf der Verhinderung von hoher Inflation und weniger im Verhindern von … Inflation und auch höhere Zinsen nicht nur temporär, sondern mittelfristig wieder möglich sind: De …-Globalisierung, Dekarbonisierung, demografische Entwicklung, Digitalisierung, Staatsausgaben und Geldpolitik. Die Investitionen in die Transformation …