One rule fits all? : heterogeneous fiscal rules for commodity exporters when price shocks can be persistent : theory and evidence
Year of publication: |
2025
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Authors: | Mendes, Arthur ; Pennings, Steven |
Published in: |
Review of economic dynamics : the official journal of the Society for Economic Dynamics. - Amsterdam [u.a.] : ScienceDirect, ISSN 1096-6099, ZDB-ID 1471730-X. - Vol. 55.2025, Art.-No. 101239, p. 1-23
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Subject: | Commodity price shocks | Exchange rate regime | Fiscal rules | New Keynesian model | Schock | Shock | Finanzpolitik | Fiscal policy | Regelbindung versus Diskretion | Rules versus discretion | Neoklassische Synthese | Neoclassical synthesis | Theorie | Theory | Rohstoffpreis | Commodity price | Preisrigidität | Price stickiness | Kleine offene Volkswirtschaft | Small open economy | Wechselkurssystem | Inflationssteuerung | Inflation targeting |
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