Fiscal Policy
In: Macmillan Studies in Economics
239 Ergebnisse
Sortierung:
In: Macmillan Studies in Economics
In: Vorträge aus Nationalökonomie und Finanzwissenschaft
In: The American Economic Association series
In: Hagener Universitätstexte
In: The ... annual Arthur K. Salomon lecture 7
In: Centre for Economic Policy Research, Discussion Paper Series, Discussion paper 28
In: Research Department staff report
In: Federal Reserve Bank of Minneapolis 67
"In a model which exhibits many monetarist properties it is shown that monetary and fiscal policies must be coordinated. The model is populated by overlapping generations of three-period lived agents who can hold fiat money, fiat bonds, and physical capital. A government produces a public good and issues both money and fiat bonds to finance permanent budget deficits. In this model both fiat money and fiat bonds can have value in equilibrium, and their co-existence can allow a more efficient financing of deficits than can a single debt instrument"--Federal Reserve Bank of Minneapolis web site
In: Key Discussion Book, The Institute of Economic Affairs 12
In: Schriftenreihe des Deutschen Industrie- und Handelstages 114