The value of monetary policy commitment under imperfect fiscal credibility

DOI10.1016/J.JEDC.2012.02.006MaRDI QIDQ433684zbMATHOpenAlexFDO

Authors Ufuk Devrim Demirel

Publication date 6 July 2012

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.2012.02.006

zbMATH Keywords

optimal fiscal and monetary policyquasi-commitment

Mathematics Subject Classification ID

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

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Cites work

• Fiscal policy under loose commitment
• Optimal taxation in an RBC model: A linear-quadratic approach

Cited in

(3)

• On credible monetary policy and private government information
• CREDIBILITY AND INTERTEMPORAL CONSISTENCY
• Quantum Barro-Gordon game in monetary economics

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