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: |
2023
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Authors: | Coenen, Günter ; Montes-Galdón, Carlos ; Smets, Frank |
Subject: | asset purchases | effective lower bound | euro area | fiscal policy | forward guidance | monetary policy | Finanzpolitik | Fiscal policy | Geldpolitik | Monetary policy | Wirkungsanalyse | Impact assessment | Eurozone | Euro area | Neoklassische Synthese | Neoclassical synthesis | Niedrigzinspolitik | Low-interest-rate policy | Zinspolitik | Interest rate policy | Quantitative Lockerung | Quantitative easing | Zins | Interest rate | Antizyklische Finanzpolitik | Countercyclical fiscal policy |
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