Crossed Wires : Does Fiscal and Monetary Policy Coordination Matter?

When monetary and fiscal policy are in conflict in periods of high inflation, with the Bank raising interest rates while the government increases new spending, the risk of an ever-growing debt burden and even higher inflation increases. However, our research shows that because people are mostly backward looking, the central bank should not stop the necessary hikes to tame inflation

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Year of publication:	2023
Authors:	Kronick, Jeremy ; Petersen, Luba
Publisher:	[S.l.] : SSRN
Subject:	Geldpolitik \| Monetary policy \| Finanzpolitik \| Fiscal policy \| Theorie \| Theory \| Internationale Wirtschaftspolitik \| International economic policy

Extent:	1 Online-Ressource (28 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 6, 2022 erstellt
Other identifiers:	10.2139/ssrn.4320351 [DOI]
Classification:	C92 - Laboratory; Group Behavior ; E52 - Monetary Policy (Targets, Instruments, and Effects) ; e70
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014263695