A fiscal stimulus with deep habits and optimal monetary policy

DOI10.1016/J.ECONLET.2012.05.051MaRDI QIDQ1925919zbMATH OpenOpenAlexFDO

Authors C. Cantore, P. Levine, Giovanni Melina, Bo Yang

Publication date 27 December 2012

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://openaccess.city.ac.uk/id/eprint/3775/9/A%20Fiscal%20Stimulus%20with%20Deep%20Habits%20and%20Optimal.pdf

zbMATH Keywords

deep habitsoptimal monetary policyprice-level rule

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

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Cites work

• Deep Habits
• Linear-quadratic approximation, external habit and targeting rules
• Monopolistic Price Adjustment and Aggregate Output

Cited in

(2)

• Monetary and fiscal policy under deep habits
• A Model of the Consumption Response to Fiscal Stimulus Payments

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