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Fiscal sustainability in a new Keynesian model : additional appendix (not for publication)
Leith, Campbell B.; Wren-Lewis, Simon - 2012
Persistent link: https://www.econbiz.de/10009722690
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Political conflict and bargaining in a New Keynesian model of fiscal stabilization
Flamini, Francesca; Leith, Campbell B. - In: Macroeconomic dynamics 25 (2021) 8, pp. 2128-2179
Persistent link: https://www.econbiz.de/10012704947
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Optimal time-consistent monetary, fiscal and debt maturity policy
Leeper, Eric M.; Leith, Campbell B.; Liu, Ding - In: Journal of monetary economics 117 (2021), pp. 600-617
Persistent link: https://www.econbiz.de/10012603187
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Central bank independence, government debt and the re-normalization of interest rates
Kirsanova, Tatiana; Leith, Campbell B.; Liu, Ding - 2024
Persistent link: https://www.econbiz.de/10015080052
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Equity versus efficiency : optimal monetary and fiscal policy in a HANK economy
Karaferis, Vasileios; Kirsanova, Tatiana; Leith, Campbell B. - 2024
Persistent link: https://www.econbiz.de/10015080058
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Monetary and fiscal policy under deep habits
Leith, Campbell; Moldovan, Ioana; Rossi, Raffaele - Department of Economics, Adam Smith Business School - 2009
Recent work on optimal policy in sticky price models suggests that demand management through fiscal policy adds little to optimal monetary policy. We explore this consensus assignment in an economy subject to ‘deep’ habits at the level of individual goods where the counter-cyclicality of...
Persistent link: https://www.econbiz.de/10005103166
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Monetary and Fiscal Policy under Deep Habits
Leith, Campbell; Moldovan, Ioana; Rossi, Raffaele - Centre for Dynamic Macroeconomic Analysis, University … - 2009
Recent work on optimal policy in sticky price models suggests that demand management through fiscal policy adds little to optimal monetary policy. We explore this consensus assignment in an economy subject to ‘deep’ habits at the level of individual goods where the counter-cyclicality of...
Persistent link: https://www.econbiz.de/10008527082
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Monetary and Fiscal Policy under Deep Habits
Leith, Campbell; Moldovan, Ioana; Rossi, Raffaele - Scottish Institute for Research in Economics (SIRE) - 2009
Recent work on optimal policy in sticky price models suggests that demand management through fiscal policy adds little to optimal monetary policy. We explore this consensus assignment in an economy subject to ‘deep’ habits at the level of individual goods where the counter-cyclicality of...
Persistent link: https://www.econbiz.de/10010552368
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Fiscal Sustainability in a New Keynesian Model - Additional Appendix
Leith, Campbell; Wren-Lewis, Simon - Department of Economics, Adam Smith Business School - 2012
Recent work on optimal monetary and fiscal policy in New Keynesian models suggests that it is optimal to allow steady-state debt to follow a random walk. Leith and Wren-Lewis (2012) consider the nature of the timeinconsistency involved in such a policy and its implication for discretionary...
Persistent link: https://www.econbiz.de/10010896995
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Fiscal Sustainability in a New Keynesian Model
Leith, Campbell; Wren-Lewis, Simon - Agricultural and Applied Economics Association - AAEA - 2012
Recent work on optimal monetary and fiscal policy in New Keynesian models suggests that it is optimal to allow steady-state debt to follow a random walk. Leith and Wren-Lewis (2012) consider the nature of the timeinconsistency involved in such a policy and its implication for discretionary...
Persistent link: https://www.econbiz.de/10010879000