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Debt, deficits, and destabilizing monetary policy in open economies

Schabert, Andreas; Wijnbergen, Sweder van - 2006 - Revised Version: May 2006

Blanchard (2005) suggested that active interest rate policy might induce unstable dynamics in highly-indebted economies. We examine this in a dynamic general equilibrium model where Calvo-type price rigidities provide a rationale for inflation stabilization. Unstable dynamics can occur when the...

Persistent link: https://www.econbiz.de/10011349206

The fiscal multiplier and spillover in a global liquidity trap

Fujiwara, Ippei; Ueda, Kozo - In: Journal of economic dynamics & control 37 (2013) 7, pp. 1264-1283

Persistent link: https://www.econbiz.de/10009751187

Global vs. local liquidity traps

Cook, David; Devereux, Michael B. - In: Seoul journal of economics 24 (2011) 4, pp. 471-493

Persistent link: https://www.econbiz.de/10009407834

Assessing global liquidity

Domanski, Dietrich; Fender, Ingo; McGuire, Patrick M. - In: BIS quarterly review : international banking and … (2011), pp. 57-71

Persistent link: https://www.econbiz.de/10009419354

Boom and bust banking : the causes and cures of the Great Recession

Beckworth, David M. (contributor) - 2012

Persistent link: https://www.econbiz.de/10009719388

Liquidity traps, learning and stagnation

Evans, George W.; Guse, Eran; Honkapohja, Seppo - In: European economic review : EER 52 (2008) 8, pp. 1438-1463

Persistent link: https://www.econbiz.de/10003804541

Alice through the looking glass : monetary and fiscal policy interaction in a liquidity trap

Dhami, Sanjit S. (contributor); Al-Nowaihi, Ali (contributor) - 2005

Persistent link: https://www.econbiz.de/10003054258

Nonperforming loans versus economic recession : policies must address both problems simultaneously

Hamada, Kōichi - In: The Japanese economy : translations and studies 30 (2002) 1, pp. 8-21

Persistent link: https://www.econbiz.de/10001780131

Structural volatility in Chile : a policy report

Caballero, Ricardo J. (contributor) - 2000 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001559633

Money and indeterminacy over an infinite horizon

Bloise, Gaetano; Drèze, Jacques H.; Polemarchakis, … - 2002

Persistent link: https://www.econbiz.de/10001672397

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