Monetary and Fiscal Policy: Goals and the Choice of Instruments

Attiat F. Ott

13 citations0/0 files storedThe Quarterly Journal of Economics

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Monetary Policy and Economic Impact Fiscal Policies and Political Economy Fiscal Policy and Economic Growth

Abstract

I. The basic model, 314. — II. Conditions determining the proper pairing of instruments and goals, 317. — III. Tax rates and interest rates as instruments, 319; government purchases and interest rates, 324; government purchases and tax rates, 325. — IV. Summary, 325.

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