Distortionary fiscal policy and monetary policy goals

DOI10.1016/J.ECONLET.2013.10.017MaRDI QIDQ2015992zbMATH OpenOpenAlexFDO

Authors Klaus Adam, Roberto M. Billi

Publication date 18 June 2014

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2013.10.017

zbMATH Keywords

optimal policylack of commitmentconservative monetary policy

Mathematics Subject Classification ID

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

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Cites work

• Optimal fiscal and monetary policy under sticky prices.

Cited in

(4)

• Quantum Barro-Gordon game in monetary economics
• Public debt, discretionary policy, and inflation persistence
• Restoring the conservative central banker proposition under monetary-fiscal interaction
• Rogoff revisited: The conservative central banker proposition under active fiscal policies

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