Singh, Rajesh; Subramanian, Chetan - In: Economic Modelling 26 (2009) 5, pp. 865-877
This paper, in the spirit of Poole [Poole, William, 1970. The Optimal Choice of Monetary Policy Instruments in a Simple Macro Model. Quarterly Journal of Economics, 84, 192-216.], studies how differently monetary and fiscal shocks influence the appropriate choice of the monetary policy regime....
