Fiscal Policy in an Expectations-Driven Liquidity Trap
From MaRDI portal
Publication:4610698
DOI10.1093/RESTUD/RDU016zbMATH Open1405.91455OpenAlexW2136798818MaRDI QIDQ4610698FDOQ4610698
Authors: Karel Mertens, Morten O. Ravn
Publication date: 23 January 2019
Published in: Review of Economic Studies (Search for Journal in Brave)
Full work available at URL: https://discovery.ucl.ac.uk/id/eprint/10066707/
Recommendations
- Liquidity traps and expectation dynamics: fiscal stimulus or fiscal austerity?
- Fiscal policy and liquidity traps with heterogeneous agents
- Monetary and fiscal policy in a liquidity trap with inflation persistence
- Expectation Traps and Monetary Policy
- Dealing with a liquidity trap when government debt matters: optimal time-consistent monetary and fiscal policy
- Fiscal policy, debt constraint and expectations-driven volatility
- The fiscal multiplier and spillover in a global liquidity trap
- scientific article; zbMATH DE number 1996467
- Fiscal consolidations and heterogeneous expectations
- EXPECTATIONS, STAGNATION, AND FISCAL POLICY: A NONLINEAR ANALYSIS
Cited In (38)
- Inference in structural vector autoregressions identified with an external instrument
- Managing pessimistic expectations and fiscal policy
- Coherence without rationality at the zero lower bound
- Do we reject restrictions identifying fiscal shocks? Identification based on non-Gaussian innovations
- The fiscal multiplier and spillover in a global liquidity trap
- Monetary and fiscal policy in a liquidity trap with inflation persistence
- Managing unanchored, heterogeneous expectations and liquidity traps
- Protectionism in a liquidity trap
- Log-linear approximation versus an exact solution at the ZLB in the New Keynesian model
- Title not available (Why is that?)
- Average inflation targeting and macroeconomic stability
- Fiscal policy interventions at the zero lower bound
- EXPECTATIONS, STAGNATION, AND FISCAL POLICY: A NONLINEAR ANALYSIS
- Analyzing linear DSGE models: the method of undetermined Markov states
- The failure of stabilization policy: balanced-budget fiscal rules in the presence of incompressible public expenditures
- A shadow rate New Keynesian model
- Are sunspots learnable? An experimental investigation in a simple macroeconomic model
- Lack of confidence, the zero lower bound, and the virtue of fiscal rules
- Are government spending shocks inflationary at the zero lower bound? New evidence from daily data
- Fiscal policy and liquidity traps with heterogeneous agents
- Effects of different ways of incentivizing price forecasts on market dynamics and individual decisions in asset market experiments
- Learning to live in a liquidity trap
- Learning about fiscal policy and the effects of policy uncertainty
- The zero lower bound, the dual mandate, and unconventional dynamics
- Determinate liquidity traps
- Liquidity traps and expectation dynamics: fiscal stimulus or fiscal austerity?
- Fiscal policy under loose commitment
- Liquidity traps in a world economy
- The public debt multiplier
- Credit constraints and the government spending multiplier
- Self-fulfilling deflations
- Stable near-rational sunspot equilibria
- Fiscal policy in an unemployment crisis
- Regime-dependent fiscal multipliers in the United States
- Fiscal stimulus with imperfect expectations: spending vs. tax policy
- Multiplicity in New Keynesian models
- E-stability vis-à-vis determinacy in regime-switching models
- The fiscal multiplier in a liquidity-constrained New Keynesian economy
This page was built for publication: Fiscal Policy in an Expectations-Driven Liquidity Trap
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q4610698)