Managing an Energy Shock: Fiscal and Monetary Policy
收藏NBER2023-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w31543
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This paper studies the macroeconomic effects of energy price shocks in energy-importing economies using a heterogeneous-agent New Keynesian model. When MPCs are realistically large and the elasticity of substitution between energy and domestic goods is realistically low, increases in energy prices
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美国国家经济研究局创建时间：
2023-08-01
