Fiscal policy, sticky goods prices and resource utilization
In: Seminar paper 346
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In: Seminar paper 346
In: NBER Working Paper No. w31862
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In: CEPR Discussion Paper No. DP17390
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In: NBER Working Paper No. w26657
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In: CEPR Discussion Paper No. DP14585
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In: CEPR Discussion Paper No. DP14247
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In: CEPR Discussion Paper No. DP13949
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In: The Canadian journal of economics: the journal of the Canadian Economics Association = Revue canadienne d'économique, Band 51, Heft 3, S. 802-827
ISSN: 1540-5982
AbstractThe paper discusses how monetary and macroprudential policies can be distinguished, how appropriate goals for the two policies can be determined, whether the policies are best conducted separately or coordinately and by the same or different authorities and how they can be coordinated when desired. The institutional frameworks in Canada, Sweden and the UK are briefly compared. The Swedish example of monetary policy strongly "leaning against the wind" and the subsequent policy turnaround is summarized, as well as what estimates have been found of the costs and benefits of leaning against the wind.
In: CEPR Discussion Paper No. DP13043
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In: NBER Working Paper No. w23745
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In: NBER Working Paper No. w23993
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In: ECB Working Paper No. 2031
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In: CEPR Discussion Paper No. DP11739
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In: CEPR Discussion Paper No. DP11744
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