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~institution:"National Bureau of Economic Research"
~subject:"Fiscal policy"
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Search: ("ECB" OR "EMU" OR "EU" OR "Integration" OR "Monetary policy") AND NOT isPartOf:Intereconomics
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Fiscal policy
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207
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71
Fiscal Histories
Cochrane, John H.
-
National Bureau of Economic Research
-
2022
real primary surpluses.
Monetary
policy
remains important. The central bank can set an interest rate target, which …
Persistent link: https://www.econbiz.de/10013361983
Saved in:
72
The Monetary and Fiscal History of Brazil, 1960-2016
Ayres, Joao
-
2019
deficits, passive
monetary
policy
, and constraints on debt financing. The transition to the low-inflation period (1995 …
Persistent link: https://www.econbiz.de/10012479377
Saved in:
73
A Requiem for the Fiscal Theory of the Price Level
Farmer, Roger E.A.
-
2019
We demonstrate that the Fiscal Theory of the Price Level (FTPL) cannot be used to determine the price level uniquely in the overlapping generations (OLG) model. We provide two examples of OLG models, one with three 3-period lives and one with 62-period lives. Both examples are calibrated to an...
Persistent link: https://www.econbiz.de/10012479401
Saved in:
74
The Monetary and Fiscal History of Bolivia, 1960–2017
Kehoe, Timothy J.
-
2019
After the economic reforms that followed the National Revolution of the 1950s, Bolivia seemed positioned for sustained growth. Indeed, it achieved unprecedented growth from 1960 to 1977. The rapid accumulation of debt due to persistent deficits and a fixed exchange rate policy during the 1970s...
Persistent link: https://www.econbiz.de/10012479478
Saved in:
75
Optimal Time-Consistent Monetary, Fiscal and Debt Maturity Policy
Leeper, Eric M.
-
2019
The textbook optimal policy response to an increase in government debt is simple--
monetary
policy
should actively …
Persistent link: https://www.econbiz.de/10012479609
Saved in:
76
Fiscal Federalism and Monetary Unions
Berriel, Rafael
;
Gonzalez-Aguado, Eugenia
;
Kehoe, Patrick J.
-
National Bureau of Economic Research
-
2023
discussing the implications of our results for the debate on the
integration
of fiscal policy within the
EU
and its enlargement …
Persistent link: https://www.econbiz.de/10014447274
Saved in:
77
Macroeconomic Effects of China's Financial Policies
Chen, Kaiji
-
2018
government's financial policies, defined as a set of credit policy,
monetary
policy
, and regulatory policy. We analyze the …
Persistent link: https://www.econbiz.de/10012480873
Saved in:
78
The Imbalances of the Bretton Woods System 1965 to 1973 : U.S. Inflation, The Elephant in the Room
Bordo, Michael D.
-
2018
--relatively stable
monetary
policy
and floating exchange rates …
Persistent link: https://www.econbiz.de/10012481056
Saved in:
79
The Role of Financial Policy
Farmer, Roger
-
2018
I review the contribution and influence of Milton Friedman's 1968 presidential address to the American Economic Association. I argue that Friedman's influence on the practice of central banking was profound and that his argument in favour of monetary rules was responsible for thirty years of low...
Persistent link: https://www.econbiz.de/10012453218
Saved in:
80
On Public Spending and Economic Unions
Broner, Fernando
-
2020
We analyze the conduct of fiscal policy in a financially integrated union in the presence of financial frictions. Frictions create a wedge between the return to investment and the union interest rate. This leads to an over-spending externality. While the social cost of spending is the return to...
Persistent link: https://www.econbiz.de/10012481134
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