4.5 Article

Mixed Monetary-Fiscal Policies and Macroeconomic Fluctuations: An Analysis Based on the Dynamic Stochastic General Equilibrium Model

Related references

Note: Only part of the references are listed.
Article Economics

Optimal monetary policy and liquidity with heterogeneous households

Florin O. Bilbiie et al.

Summary: The liquidity-insurance motive for monetary policy changes the central bank's trade-off and affects consumption volatility of constrained households, with quantitatively small welfare costs. Helicopter drops are found to be superior to open market operations for achieving insurance, but their benefits are surprisingly small.

REVIEW OF ECONOMIC DYNAMICS (2021)

Article Economics

How Did China Maintain Macroeconomic Stability During 1978-2018?

Ming Feng et al.

Summary: The role of macroeconomic management in developing countries is crucial in addressing challenges such as market immaturity, underdeveloped financial systems, and information asymmetry. Government intervention is necessary to promote economic stability and growth. China's experiences in reform and opening up highlight the importance of government guidance in facilitating business cycles, financial deepening, and cautious management of capital account liberalization.

CHINA & WORLD ECONOMY (2021)

Article Business, Finance

Dynamic effects of monetary policy shocks on macroeconomic volatility

Haroon Mumtaz et al.

JOURNAL OF MONETARY ECONOMICS (2020)

Article Economics

Monetary policy and macroeconomic stability revisited

Yasuo Hirose et al.

REVIEW OF ECONOMIC DYNAMICS (2020)

Article Economics

Macroeconomic stabilization, monetary-fiscal interactions, and Europe's monetary union

Giancarlo Corsetti et al.

EUROPEAN JOURNAL OF POLITICAL ECONOMY (2019)

Article Economics

Effects of monetary policy shocks on exchange rate in small open Economies

Soyoung Kim et al.

JOURNAL OF MACROECONOMICS (2018)

Article Economics

Monetary-fiscal interactions with endogenous liquidity frictions

Wei Cui

EUROPEAN ECONOMIC REVIEW (2016)

Article Business, Finance

Government spending, monetary policy, and the real exchange rate

Hafedh Bouakez et al.

JOURNAL OF INTERNATIONAL MONEY AND FINANCE (2015)

Article Business, Finance

The impact of monetary policy on the exchange rate: A high frequency exchange rate puzzle in emerging economies

Emanuel Kohlscheen

JOURNAL OF INTERNATIONAL MONEY AND FINANCE (2014)

Article Economics

ON FISCAL MULTIPLIERS: ESTIMATES FROM A MEDIUM SCALE DSGE MODEL

Sarah Zubairy

INTERNATIONAL ECONOMIC REVIEW (2014)

Article Business, Finance

Fiscal policy and external adjustment: New evidence

Hafedh Bouakez et al.

JOURNAL OF INTERNATIONAL MONEY AND FINANCE (2014)

Article Economics

Monetary and fiscal policy interactions in the post-war U.S.

Nora Traum et al.

EUROPEAN ECONOMIC REVIEW (2011)

Article Economics

How do fiscal and technology shocks affect real exchange rates? New evidence for the United States

Zeno Enders et al.

JOURNAL OF INTERNATIONAL ECONOMICS (2011)

Article Business, Finance

Optimal Monetary Policy in an Operational Medium-Sized DSGE Model

Malin Adolfson et al.

JOURNAL OF MONEY CREDIT AND BANKING (2011)

Article Economics

Fiscal Policy, the Real Exchange Rate and Traded Goods

Tommaso Monacelli et al.

ECONOMIC JOURNAL (2010)

Article Economics

Monetary policy and welfare in a small open economy

Bianca De Paoli

JOURNAL OF INTERNATIONAL ECONOMICS (2009)

Article Economics

The effects of public spending shocks on trade balances and budget deficits in the European Union

Roel Beetsma et al.

JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION (2008)

Article Economics

Twin deficit or twin divergence? Fiscal policy, current account, and real exchange rate in the US

Soyoung Kim et al.

JOURNAL OF INTERNATIONAL ECONOMICS (2008)

Article Business, Finance

Structural distortions and decentralized fiscal policies in EMU

RMWJ Beetsma et al.

JOURNAL OF MONEY CREDIT AND BANKING (2005)

Article Business, Finance

Monetary policy rules, macroeconomic stability, and inflation: A view from the trenches

A Orphanides

JOURNAL OF MONEY CREDIT AND BANKING (2004)

Article Economics

Testing for indeterminacy: An application to US monetary policy

TA Lubik et al.

AMERICAN ECONOMIC REVIEW (2004)

Article Economics

The case for restricting fiscal policy discretion

A Fatás et al.

QUARTERLY JOURNAL OF ECONOMICS (2003)

Article Economics

Closing small open economy models

S Schmitt-Grohé et al.

JOURNAL OF INTERNATIONAL ECONOMICS (2003)

Article Business, Finance

Monetary policy evaluation with noisy information

A Orphanides

JOURNAL OF MONETARY ECONOMICS (2003)

Article Business, Finance

Monetary policy rules in the open economy: effects on welfare and business cycles

R Kollmann

JOURNAL OF MONETARY ECONOMICS (2002)

Article Economics

Monetary-policy rules and the Great Inflation

A Orphanides

AMERICAN ECONOMIC REVIEW (2002)

Article Economics

Stabilizing output and inflation: Policy conflicts and co-operation under a stability pact

M Buti et al.

JOURNAL OF COMMON MARKET STUDIES (2001)

Article Economics

The Taylor rule and optimal monetary policy

M Woodford

AMERICAN ECONOMIC REVIEW (2001)

Article Economics

Teaching modern macroeconomics at the principles level

JB Taylor

AMERICAN ECONOMIC REVIEW (2000)

Article Economics

Monetary policy rules and macroeconomic stability:: Evidence and some theory

R Clarida et al.

QUARTERLY JOURNAL OF ECONOMICS (2000)