Monetary-Fiscal Coordination with International Hegemon
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https://www.nber.org/papers/w33123
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Monetary and fiscal policies require coordination to achieve desired macroeconomic outcomes. The literature since Leeper (1991) has focused on two regimes: monetary dominance and fiscal dominance. In both cases, one policy is active while the other is passive and accommodates the former. We study
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美国国家经济研究局创建时间：
2024-11-01
