Self-Fulfilling Debt Crises: Can Monetary Policy Really Help?
收藏NBER2015-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21158
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资源简介：
This paper examines quantitatively the potential for monetary policy to avoid self-fulfilling sovereign debt crises. We combine a version of the slow-moving debt crisis model proposed by Lorenzoni and Werning (2014) with a standard New Keynesian model. We consider both conventional and
提供机构：
美国国家经济研究局
创建时间：
2015-05-01
