搜索结果: 1-15 共查到“货币银行学 Fiscal”相关记录15条 . 查询时间(0.062 秒)
Optimal Fiscal and Monetary Policy When Money is Essential
Friedman Rule intertemporal distortions micro-founded models of money
2015/9/18
We study optimal fiscal and monetary policy in an environment where explicit frictions giverise to valued money, making money essential in the sense that it expands the set of feasible trades. The two...
Fiscal and Monetary Stabilization Policies in a Model of Endogenous Cyclical Growth
Monetary Stabilization Policies Endogenous Cyclical
2015/8/5
Fiscal and Monetary Stabilization Policies in a Model of Endogenous Cyclical Growth.
The Monetary Policy Implications of Greater Fiscal Discipline
Monetary Policy Implications Greater Fiscal Discipline
2015/8/4
After nearly a quarter century of large budget deficits—causing
the public debt to double from 20 percent to 42 percent as a share of
GDP in the industrialized countries—the need for greater fiscal
...
This lecture starts with a review of historical trends in the balance between rules
and discretion: first toward more discretionary policies in the 1960s and 1970s;
second toward more rules-based po...
We use responses to survey questions in the 2010 Italian Survey of Household Income and Wealth
that ask consumers how much of an unexpected transitory income change they would consume. We
find tha...
A spatial econometric study on effects of fiscal and financial supports for agriculture in China
direct effects effects of policies spatial panel econometrics spatial spillover effects
2014/2/24
Since the reform and opening-up, the disparity between Chinese rural economy and the overall national economic development has already become the key constraint for further development of the national...
Fiscal policy in the monetary theory of production: an alternative to the "new consensus" approach
fiscal policy monetary theory of production new consensus
2011/8/21
This paper provides an alternative view to the new consensus approach, from the standpoint of the monetary theory of production. It is shown that output growth is demand driven, so that fiscal policie...
Fiscal and monetary policy in a commodity-based economy
Fiscal and monetary policy South Africa
2011/8/21
A rough description of macroeconomic policy in South Africa would be that monetary policy concentrates on building nominal credibility through focusing on inflation, while the brunt of the responsibil...
DEBT AND SYSTEMIC RISK: THE CONTRIBUTION OF FISCAL AND MONETARY POLICY
fiscal and monetary policy inherent risk real estate market
2011/8/21
This article discusses the contribution of fiscal and monetary policy to the accumulation of excessive debt and its inherent risk. According to economists Carmen Reinhart and Ken Rogoff, excessive deb...
Monetary–Fiscal Policy Interactions under Implementable Monetary Policy Rules
fiscal theory rational expectations Taylor rules
2011/8/21
his paper examines the implications of forward- and backward-looking monetary policy rules in an environment with monetary–fiscal interactions. We find that the unique stationary rational expectations...
COORDINATION OF MONETARY AND FISCAL POLICY IN A MONETARY UNION: POLICY ISSUES AND ANALYTICAL MODELS
European Monetary Union monetary and fiscal policy new neoclassical synthesis (NNS) models policy coordination
2011/8/21
The European Monetary Union raises new and interesting questions about the coordination of monetary and fiscal policy. In this lecture, I discuss some of these questions and the answers that a new cla...
Monetary and Fiscal Policy Interaction: The Current Consensus Assignment in the Light of Recent Developments
optimal monetary and fiscal policy nominal rigidities the utility of agents the consensus assignment New Keynesian models
2011/8/21
In the last few years papers have begun to analyse optimal monetary and fiscal policy in models incorporating nominal rigidities where social welfare is derived from the utility of agents. This articl...
Structural Distortions and Decentralized Fiscal Policies in EMU
discretionary monetary policy wagerigidity,decentralized fi scal policy monetary union infl ation targets debt targets
2011/8/21
The combination of discretionary monetary policy, labor-market distortions, and nominal wage rigidity yields excessive inflation as monetary policy tries to exploit nominal wage contracts to address l...
TETHERING THE FISCAL SOW: MONETARY POLICY THAT KEEPS PORK IN THE STY
interdependent relationship the central bank the interest rates monetary policy
2011/8/21
The article focuses on the interdependent relationship of the government and the central bank in terms of fiscal and monetary policy in Australia. It mentions the reliance of the interest rates on pol...
Decision interactions of the monetary and fiscal authorities in the choice of policy mix
equilibrium monetary-fiscal games independent decisions monetary policy
2011/8/21
This article presents an analysis of the states of equilibrium and Pareto optimality of the solutions in the monetary-fiscal games between the fiscal and monetary authorities each having either two or...