Similar Search Results

ELECTORAL UNCERTAINTY, THE DEFICIT BIAS ANDTHE ELECTORAL CYCLE IN A NEW KEYNESIANECONOMY

Leith, Campbell; Wren-Lewis, Simon - 2009

Recent attempts to incorporate optimal fiscal policy into NewKeynesian models subject to nominal inertia, have tended to assume that policymakers are benevolent and have access to a commitment technology. A separateliterature, on the New Political Economy, has focused on real economies...

Persistent link: https://www.econbiz.de/10005870119

Interactions Between Monetary and Fiscal Policy Under Flexible Exchange Rates

Leith, Campbell; Wren-Lewis, Simon - Royal Economic Society - RES - 2003

We extend the fiscal theory of the price level (FTPL) by developing a two-country open-economy model under flexible exchange rates, where overlapping generations of consumers supply labour to imperfectly competitive firms which change their prices infrequently. We show that the fiscal response...

Persistent link: https://www.econbiz.de/10005398513

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

Fiscal Sustainability in a New Keynesian Model

Leith, Campbell; Wren-Lewis, Simon - Agricultural and Applied Economics Association - AAEA - 2012

Persistent link: https://www.econbiz.de/10010879000

Fiscal Sustainability in a New Keynesian Model

Leith, Campbell; Wren-Lewis, Simon - Agricultural and Applied Economics Association - AAEA - 2012

Persistent link: https://www.econbiz.de/10010879015

Fiscal Sustainability in a New Keynesian Model

Leith, Campbell; Wren-Lewis, Simon - Scottish Institute for Research in Economics (SIRE) - 2012

Persistent link: https://www.econbiz.de/10011075679

Fiscal Sustainability in a New Keynesian Model

Leith, Campbell; Wren-Lewis, Simon - Scottish Institute for Research in Economics (SIRE) - 2012

Persistent link: https://www.econbiz.de/10011075700

Fiscal policy, interest rate shocks and prices

Leith, Campbell; Warren, Paul; Wren-Lewis, Simon - In: Economic modelling 20 (2003) 2, pp. 361-382

Persistent link: https://www.econbiz.de/10006258285

Interest Rate Feedback Rides in an Open Economy with Forward Looking Inflation

Leith, Campbell; Wren-Lewis, Simon - In: Oxford bulletin of economics and statistics 63 (2001) 2, pp. 209-232

Persistent link: https://www.econbiz.de/10006447073

COMPACT: a rational expectations, intertemporal model of the United Kingdom economy

Darby, Julia; Ireland, Jonathan; Leith, Campbell; … - In: Economic modelling 16 (1999) 1, pp. 1-52

Persistent link: https://www.econbiz.de/10006301411