Taylor and fiscal rules: when do they stabilize the economy?

DOI10.1016/J.MATHSOCSCI.2024.01.004zbMATH Open1537.91176MaRDI QIDQ6549094FDOQ6549094

Authors: Francesco Magris, Daria Onori 

Publication date: 3 June 2024

Published in: Mathematical Social Sciences (Search for Journal in Brave)

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• scientific article; zbMATH DE number 764453

zbMATH Keywords

indeterminacyTaylor rulecash-in-advancefiscal policynominal rigidities

Mathematics Subject Classification ID

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

Cites Work

• The design of monetary and fiscal policy: a global perspective
• Investment and interest rate policy
• Optimal fiscal and monetary policy under sticky prices.
• Investment and interest rate policy: a discrete time analysis
• The perils of Taylor rules
• Investment, interest rate policy, and equilibrium stability
• Another look at sticky prices and output persistence
• Monetary policy and price level determinacy in a cash-in-advance economy
• Rational bubbles and macroeconomic fluctuations: the (de-)stabilizing role of monetary policy
• Debt, liquidity and dynamics
• Monetary and fiscal policy interactions in a New Keynesian model with capital accumulation and non-Ricardian consumers
• Growth and instability in a small open economy with debt
• Liquidity trap and stability of Taylor rules
• Monetary rules in a two-sector endogenous growth model

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