Coordination without explicit cooperation : monetary-fiscal interactions in an era of demographic change /
Early work on the theory of economic policy stressed the importance of accounting for the interactions between fiscal and monetary policy. Tinbergen, and Cooper, taught us that there would be costs in missed targets, instability, and protracted imbalances if this was not done. Yet most models we use...
| Κύριος συγγραφέας: | Hallett, Andrew H. |
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| Corporate συγγραφέας: | European Commission : Directorate-General for Economic and Financial Affairs. |
| Μορφή: | Βιβλίο |
| Γλώσσα: | English |
| Στοιχεία έκδοσης: |
Brussels- Belgium:
European Comission: Directorate-General for Economic and Financial Affairs,
2008.
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| Σειρά: |
European Economy. Economic papers ;
305. |
| Διαθέσιμο Online: |
http://ec.europa.eu/economy_finance/publications/publication_summary12109_en.htm |
| Ετικέτες: |
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| Περίληψη: |
Early work on the theory of economic policy stressed the importance of accounting for the interactions between fiscal and monetary policy. Tinbergen, and Cooper, taught us that there would be costs in missed targets, instability, and protracted imbalances if this was not done. Yet most models we use today treat fiscal or monetary policies as if they operated alone. This paper reviews the advantages of recognising those interactions. |
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| Φυσική περιγραφή: |
47 σ.: διαγ. πιν. 30 εκ. |
| ISBN: |
9789279082306 |
| ISSN: |
1016-8060 (print) 1725-3187 (online) |
| Σχετικά τεκμήρια: |
Economic Papers |