Optimal robust monetary and fiscal policy under uncertainty on the lower bound
Year of publication: |
2024
|
---|---|
Authors: | Özcan, Gülserim ; Traficante, Guido |
Subject: | Fiscal policy | Discretion | Knightian uncertainty | Liquidity trap | Monetary policy | Robust control | Geldpolitik | Finanzpolitik | Theorie | Theory | Regelbindung versus Diskretion | Rules versus discretion | Entscheidung unter Unsicherheit | Decision under uncertainty | Liquiditätspräferenz | Liquidity preference | Neoklassische Synthese | Neoclassical synthesis | Risiko | Risk | Robustes Verfahren | Robust statistics | Niedrigzinspolitik | Low-interest-rate policy |
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