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Fiscal sustainability in a new Keynesian model : additional appendix (not for publication)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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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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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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Optimal Fiscal Feedback on Debt in an Economy with Nominal Rigidities
Wren-Lewis, Simon; Kirsanova, Tatiana - Department of Economics, Oxford University - 2007
We examine the impact of different degrees of fiscal feedback on debt in an economy with nominal rigidities where monetary policy is optimal. We look at the extent to which different degrees of fiscal feedback enhances or detracts from the ability of the monetary authorities to stabilise output...
Persistent link: https://www.econbiz.de/10005090694
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Optimal Fiscal Feedback on Debt in an Economy with Nominal Rigidities
Kirsanova, Tatiana; Wren-Lewis, Simon - Centre for Dynamic Macroeconomic Analysis, University … - 2006
We examine the impact of different degrees of fiscal feedback on debt in an economy with nominal rigidities where monetary policy is optimal. We look at the extent to which different degrees of fiscal feedback enhances or detracts from the ability of the monetary authorities to stabilise output...
Persistent link: https://www.econbiz.de/10005807991
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Optimal Fiscal Feedback on Debt in an Economy with Nominal Rigidities
Kirsanova, Tatiana; Wren-Lewis, Simon - Business School, University of Exeter - 2007
We examine the impact of different degrees of fiscal feedback on debt in an economy with nominal rigidities where monetary policy is optimal. We look at the extent to which different degrees of fiscal feedback enhances or detracts from the ability of the monetary authorities to stabilise output...
Persistent link: https://www.econbiz.de/10008852509
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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