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The paper examines international issues that arise in the design and evaluation of macroeconomic policy rules. It begins with a theoretical investigation of the effects of fiscal and monetary policy in a two-country rational expectations model with staggered wage and price setting and with...
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"Proceedings from the 2022 Hoover Institution monetary policy conference examine recent inflation in the wake of fiscal and other shocks and measures by the Federal Reserve intended to counter inflation."
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The paper examines international issues that arise in the design and evaluation of macroeconomic policy rules. It begins with a theoretical investigation of the effects of fiscal and monetary policy in a two-country rational expectations model with staggered wage and price setting and with...
Persistent link: https://www.econbiz.de/10013247284