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This paper characterises rules-based fiscal policy setting. Basically, we translate a standard monetary policy rule into a simple fiscal policy rule. We then infer on fiscal policymakers' reaction coefficients by testing the rule with GMM. Interaction is also tested directly by the inclusion of...
Persistent link: https://www.econbiz.de/10002593305
Persistent link: https://www.econbiz.de/10002689074
This paper characterises rules-based fiscal policy setting. Basically, we translate a standard monetary policy rule into a simple fiscal policy rule. We then infer on fiscal policymakers' reaction coefficients by testing the rule with GMM. Interaction is also tested directly by the inclusion of...
Persistent link: https://www.econbiz.de/10002578199
Persistent link: https://www.econbiz.de/10002126961
Persistent link: https://www.econbiz.de/10002782066
This paper characterises rules-based fiscal policy setting. Basically, we translate a standard monetary policy rule into a simple fiscal policy rule. We then infer on fiscal policymakers' reaction coefficients by testing the rule with GMM. Interaction is also tested directly by the inclusion of...
Persistent link: https://www.econbiz.de/10005816425
Persistent link: https://www.econbiz.de/10005719047
Persistent link: https://www.econbiz.de/10010506977
Persistent link: https://www.econbiz.de/10011660942
Persistent link: https://www.econbiz.de/10011734433