Stabilization with Fiscal Policy
收藏NBER2021-09-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w29226
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资源简介:
I reconsider the long-standing consensus view that macroeconomic stabilization should rely on monetary policy, not fiscal policy. I use an analytically tractable heterogeneous agent New Keynesian (HANK) model that is parameterized so as to admit a bubble in public debt. In this context, I show that
提供机构:
美国国家经济研究局
创建时间:
2021-09-01



