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Fiscal and monetary stabilization policy at the zero lower bound: Consequences of limited foresight

Woodford, Michael; Xie, Yinxi - 2021

This paper reconsiders the degree to which macroeconomic stabilization is possible when the zero lower bound is a relevant constraint on the effectiveness of conventional monetary policy, under an assumption of bounded rationality. In particular, we reconsider the potential role of...

Persistent link: https://www.econbiz.de/10012705296

Fiscal and Monetary Stabilization Policy at the Zero Lower Bound : Consequences of Limited Foresight

Woodford, Michael - 2020

This paper reconsiders the degree to which macroeconomic stabilization is possible when the zero lower bound is a relevant constraint on the effectiveness of conventional monetary policy, under an assumption of bounded rationality. In particular, we reconsider the potential role of...

Persistent link: https://www.econbiz.de/10012481376

Fiscal and monetary stabilization policy at the zero lower bound : consequences of limited foresight

Woodford, Michael; Xie, Yinxi - 2020

Persistent link: https://www.econbiz.de/10012262769

Policy options at the zero lower bound when foresight is limited

Woodford, Michael; Xie, Yinxi - In: AEA papers and proceedings 109 (2019), pp. 433-437

Persistent link: https://www.econbiz.de/10012404225

Fiscal and monetary stabilization policy at the zero lower bound : consequences of limited foresight

Woodford, Michael; Xie, Yinxi - 2021 - Last updated: October 18, 2021

This paper reconsiders the degree to which macroeconomic stabilization is possible when the zero lower bound is a relevant constraint on the effectiveness of conventional monetary policy, under an assumption of bounded rationality. In particular, we reconsider the potential role of...

Persistent link: https://www.econbiz.de/10012650211

Fiscal and monetary stabilization policy at the zero lower bound : consequences of limited foresight

Woodford, Michael; Xie, Yinxi - 2020

Persistent link: https://www.econbiz.de/10012249920

Fiscal and Monetary Stabilization Policy at the Zero Lower Bound : Consequences of Limited Foresight

Woodford, Michael; Xie, Yinxi - 2022

This paper reconsiders the degree to which macroeconomic stabilization is possible when the zero lower bound is a relevant constraint on the effectiveness of conventional monetary policy, under an assumption of bounded rationality. In particular, we reconsider the potential role of...

Persistent link: https://www.econbiz.de/10013291981

Fiscal and monetary stabilization policy at the zero lower bound : consequences of limited foresight

Woodford, Michael; Xie, Yinxi - In: Journal of monetary economics 125 (2022), pp. 18-35

Persistent link: https://www.econbiz.de/10013350424

Comments on "Fiscal and monetary stabilization policy at the zero lower bound : consequences of limited foresight" by Woodford and Xie

Lian, Chen - In: Journal of monetary economics 125 (2022), pp. 36-39

Persistent link: https://www.econbiz.de/10013350442

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