Learning about fiscal policy and the effects of policy uncertainty

DOI10.1016/J.JEDC.2015.08.002MaRDI QIDQ1657488zbMATH OpenOpenAlexFDO

Authors Josef Hollmayr, Christian Matthes

Publication date 13 August 2018

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jedc.2015.08.002

zbMATH Keywords

learningfiscal policyDSGE

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Dynamic stochastic general equilibrium theory (91B51)

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Cites work

• scientific article; zbMATH DE number 777596 (Why is no real title available?)
• Anticipation, learning and welfare: the case of distortionary taxation
• Dynamics of fiscal financing in the United States
• Fiscal Policy in an Expectations-Driven Liquidity Trap
• Liquidity traps and expectation dynamics: fiscal stimulus or fiscal austerity?
• Managing pessimistic expectations and fiscal policy
• New Keynesian versus old Keynesian government spending multipliers
• On the evolution of the monetary policy transmission mechanism
• Optimal fiscal policy under learning
• Policy change and learning in the RBC model
• Time Varying Structural Vector Autoregressions and Monetary Policy

Cited in

(10)

• Managing pessimistic expectations and fiscal policy
• Learning about banks' net worth and the slow recovery after the financial crisis
• Public debt dynamics under ambiguity by means of iterated function systems on density functions
• Optimal fiscal policy with robust control
• Optimal fiscal policy under learning
• Electoral uncertainty, fiscal policy and macroeconomic fluctuations
• Policy change and learning in the RBC model
• An analytical characterization of noisy fiscal policy
• Redistribution and fiscal uncertainty shocks
• E-stability vis-à-vis determinacy in regime-switching models

Describes a project that uses

Uses Software

• bvarsv

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