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The Costs of Fiscal Inflexibility
16 references·0 citing·36 second hop
The Costs of Fiscal Inflexibility (2006)The Costs of Fiscal InflexibilityFiscal Sustainability in a New Keynesian Model (2013)Fiscal Sustainability in a Ne…Monetary and fiscal interactions in open economies (2004)Monetary and fiscal interacti…Mark-up fluctuations and fiscal policy stabilization in a monetary union (2004)Mark-up fluctuations and fisc…Interest and Prices (2004)Interest and PricesEstimated general equilibrium models for the evaluation of monetary policy in the US and Europe (2004)Estimated general equilibrium…Optimal Monetary and Fiscal Policy: A Linear Quadratic Approach (2003)Optimal Monetary and Fiscal P…Optimal fiscal and monetary policy under sticky prices (2003)Optimal fiscal and monetary p…Optimal Monetary Policy in Open versus Closed Economies: An Integrated Approach (2001)Optimal Monetary Policy in Op…The Science of Monetary Policy: A New Keynesian Perspective (1999)The Science of Monetary Polic…The Science of Monetary Policy: A New Keynesian Perspective (1999)The Science of Monetary Polic…Solution and estimation of RE macromodels with optimal policy (1999)Solution and estimation of RE…Staggered Prices in a Utility-Maximizing Framework (1996)Staggered Prices in a Utility…Rules, reputation and macroeconomic policy coordination (1995)Rules, reputation and macroec…Rules, Reputation and Macroeconomic Policy Coordination (1993)Rules, Reputation and Macroec…Staggered prices in a utility-maximizing framework (1983)Staggered prices in a utility…On the Determination of the Public Debt (1979)On the Determination of the P…"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule (1975)Inflation and Costs of Price Adjustment (1977)Aggregate Dynamics and Staggered Contracts (1980)Behavioral Macroeconomics and Macroeconomic Behavior (2002)Employment Fluctuations with Equilibrium Wage Stickiness (2005)Unemployment Fluctuations with Staggered Nash Wage Bargaining (2009)Open-Economy Inflation Targeting (2000)International dimensions of optimal monetary policy (2005)Monetary Policy and Exchange Rate Volatility in a Small Open Economy (2005)Monetary Policy in a Low Pass-Through Environment (2005)Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence (1978)Unanticipated Money, Output, and the Price Level in the United States (1978)Optimal Taxation of Capital Income in General Equilibrium with Infinite Lives (1986)Elections and Macroeconomic Policy Cycles (1988)Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies (1991)The Solution of Linear Difference Models under Rational Expectations (1980)Indicator Variables for Optimal Policy (2000)Openness, imperfect exchange rate pass-through and monetary policy (2002)A joint econometric model of macroeconomic and term-structure dynamics (2005)INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY (2005)What Should Fiscal Councils Do? (2011)Do Matching Frictions Explain Unemployment? Not in Bad Times (2012)A Comparative‐Advantage Approach to Government Debt Maturity (2015)Optimal monetary policy with staggered wage and price contracts (2000)Drifts and volatilities: monetary policies and outcomes in the post WWII US (2005)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)A model of unconventional monetary policy (2010)Discretion versus policy rules in practice (1993)Tax base variability and procyclical fiscal policy in developing countries (2005)Great Expectations and the End of the Depression (2008)Firm-specific capital, nominal rigidities and the business cycle (2010)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)Implementing Optimal Policy through Inflation-Forecast Targeting (2003)Calculating and using second-order accurate solutions of discrete time dynamic equilibrium models (2008)
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References

  • 1983Staggered prices in a utility-maximizing framework7,892 cited
  • 1999The Science of Monetary Policy: A New Keynesian Perspective4,927 cited
  • 1996Staggered Prices in a Utility-Maximizing Framework4,369 cited
  • 1979On the Determination of the Public Debt3,308 cited
  • 2004Interest and Prices2,583 cited
  • 2003Optimal fiscal and monetary policy under sticky prices620 cited
  • 2001Optimal Monetary Policy in Open versus Closed Economies: An Integrated Approach561 cited
  • 1999Solution and estimation of RE macromodels with optimal policy404 cited
  • 1999The Science of Monetary Policy: A New Keynesian Perspective299 cited
  • 2003Optimal Monetary and Fiscal Policy: A Linear Quadratic Approach246 cited
  • 1993Rules, Reputation and Macroeconomic Policy Coordination172 cited
  • 1995Rules, reputation and macroeconomic policy coordination130 cited
  • 2004Monetary and fiscal interactions in open economies83 cited
  • 2004Estimated general equilibrium models for the evaluation of monetary policy in the US and Europe75 cited
  • 2004Mark-up fluctuations and fiscal policy stabilization in a monetary union65 cited

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2013
Fiscal Sustainability in a New Keynesian Model
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