Optimal fiscal feedback on debt in an economy with nominal rigidities
We examine the impact of different degrees of fiscal feedback on debt in an economy with nominal rigidities where monetary policy is optimal. We look at the extent to which different degrees of fiscal feedback enhances or detracts from the ability of the monetary authorities to stabilise output and...
| मुख्य लेखकों: | , |
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| स्वरूप: | Working paper |
| प्रकाशित: |
University of Oxford
2007
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