Winkler, Roland C.; Angeloni, Ignazio; Faia, Ester - Verein für Socialpolitik - VfS - 2011
Angeloni and Faia (2010), that combines a standard DSGE framework with a fragile banking sector, suitably modified and … strategies incorporating various degrees of gradualism and surprise. The fiscal adjustment should be based on spending cuts or …We study alternative scenarios for exiting the post-crisis fiscal and monetary accommodation using the model of …