Optimal Simple and Implementable Monetary and Fiscal Rules: Expanded Version
收藏NBER2006-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w12402
下载链接
链接失效反馈官方服务：
资源简介：
This paper computes welfare-maximizing monetary and fiscal policy rules in a real business cycle model augmented with sticky prices, a demand for money, taxation, and stochastic government consumption. We consider simple feedback rules whereby the nominal interest rate is set as a function of output
提供机构：
美国国家经济研究局
创建时间：
2006-08-01
