Showing 1 - 10 of 280
Persistent link: https://www.econbiz.de/10000759235
Persistent link: https://www.econbiz.de/10003295575
Persistent link: https://www.econbiz.de/10002577773
Persistent link: https://www.econbiz.de/10002583891
Persistent link: https://www.econbiz.de/10013424590
This paper demonstrates how time consistency of the Ramsey policy - the optimal fiscal and monetary policy under commitment - can be achieved. Each government should leave its successor with a unique maturity structure for the nominal and indexed debt, such that the marginal benefit of a...
Persistent link: https://www.econbiz.de/10013232768
Persistent link: https://www.econbiz.de/10013359529
Persistent link: https://www.econbiz.de/10008934671
Persistent link: https://www.econbiz.de/10010480480
Persistent link: https://www.econbiz.de/10003833199