Effects of state-dependent forward guidance, large-scale asset purchases and fiscal stimulus in a low-interest-rate environment

Günter Coenen, Carlos Montes-Galdón, Frank Smets

Year of publication:	[2019]
Authors:	Coenen, Günter ; Montes-Galdón, Carlos ; Smets, Frank
Publisher:	Ghent : Ghent University, Faculty of Economics and Business Administration
Subject:	Effective lower bound \| monetary policy \| forward guidance \| asset purchases \| fiscal policy \| euro area \| Geldpolitik \| Monetary policy \| Finanzpolitik \| Fiscal policy \| Eurozone \| Euro area \| Wirkungsanalyse \| Impact assessment \| Niedrigzinspolitik \| Low-interest-rate policy \| Quantitative Lockerung \| Quantitative easing \| Ankündigungseffekt \| Announcement effect \| Zins \| Interest rate \| Neoklassische Synthese \| Neoclassical synthesis \| Forward Guidance \| Forward guidance \| Antizyklische Finanzpolitik \| Countercyclical fiscal policy \| Öffentliche Schulden \| Public debt