Accounting for Credibility: Fiscal-Monetary Interactions and the Credibility of Central Bank Mandates
收藏数据链接：
官方服务：
资源简介：
We develop a model for fiscal and monetary policy determination in the tradition of Sargent and Wallace (1981). Ex-ante, the government has incentives to delegate monetary policy to a central bank with an inflation targeting mandate. Ex-post, however, the government faces temptations to revoke the
提供机构：
美国国家经济研究局创建时间：
2026-08-01
