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Monetary policy and fiscal limits with no-default

Gliksberg, Baruch - In: European Economic Review 64 (2013) C, pp. 285-304

This paper discusses monetary and fiscal policy interactions that stabilize government debt. Two distortions prevail in the model economy: income taxes and liquidity constraints. Possible obstructions to fiscal policy include a ceiling on the equilibrium debt-to-GDP ratio, zero or negative...

Persistent link: https://www.econbiz.de/10010729779

Optimal fiscal and monetary policy, debt crisis, and management

Cantore, Cristiano; Levine, Paul; Melina, Giovanni; … - In: Macroeconomic dynamics 23 (2019) 3, pp. 1166-1204

Persistent link: https://www.econbiz.de/10012126887

Seismic shifts in economic theory and policy : from the Bernanke Doctrine to Modern Money Theory

Tcherneva, Pavlina R.; Tymoigne, Éric - In: Journal of Post Keynesian economics 47 (2024) 4, pp. 853-874

Persistent link: https://www.econbiz.de/10015195211

Fiscal surprises at the FOMC

Croushore, Dean Darrell; Van Norden, Simon - In: International journal of forecasting 35 (2019) 4, pp. 1583-1595

Persistent link: https://www.econbiz.de/10012305466

Sovereign default risk and banks in a Monetary Union

Uhlig, Harald - 2013

Persistent link: https://www.econbiz.de/10010126678

Sovereign default risk and banks in a monetary union

Uhlig, Harald - 2013

Persistent link: https://www.econbiz.de/10010188700

Large-scale bond purchases in a currency union with segmentation in the market for government debt

Tischbirek, Andreas - In: Journal of economic dynamics & control 95 (2018), pp. 37-69

Persistent link: https://www.econbiz.de/10012004904

Deflation : prevention and cure

Buiter, Willem H. - 2003

Persistent link: https://www.econbiz.de/10001757029

Economic Policy Frameworks Revisited : A Restatement of the Evergreen Instruments

Imbriani, Cesare (ed.); Scaramozzino, Pasquale (ed.) - 2023

This volume presents state-of-the-art contributions to the theory and practice of economic policy. In light of the 2007 … part addresses issues in the theory of monetary and fiscal policy in intertemporal settings with forward-looking agents, in …

Persistent link: https://www.econbiz.de/10014368661

Chapter 22 Political economics and macroeconomic policy

Persson, Torsten; Tabellini, Guido - In: Handbook of macroeconomics : volume 1, part C, (pp. 1397-1482). 1999

This chapter surveys the recent literature on the theory of macroeconomic policy. We study the effect of various …

Persistent link: https://www.econbiz.de/10014024218