Lubik, Thomas A. (contributor) - 2003 - [Elektronische Ressource]
Investment Spending, Equilibrium Indeterminacy, and the
Interactions of Monetary and Fiscal Policy
Thomas A. Lubik … in a canonical New Keynesian
model under different monetary and fiscal policy rules. It is shown that a simple mone-
tary … rule that responds aggressively to inflation is a necessary condition for equilibrium
determinacy, when fiscal policy is …