Läufer, Nikolaus K. A. - In: Kredit und Kapital 8 (1975) 3, pp. 346-378
Fiscal Policy versus Monetary Policy On the question of their relative importance The hypotheses of Andersen and Jordan … that the effects of monetary policy make themselves felt, not only more strongly and more rapidly, but also more reliably … time both more rapid (shorter lag) and more reliable (more predictable) than the effects of monetary policy. Furthermore …