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Fiscal Sustainability in a New Keynesian Model
16 references·7 citing·40 second hop
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References

  • 1996Staggered Prices in a Utility-Maximizing Framework4,369 cited
  • 1979On the Determination of the Public Debt3,308 cited
  • 2004Interest and Prices2,583 cited
  • 2000Optimal monetary policy with staggered wage and price contracts2,281 cited
  • 1991Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies2,069 cited
  • 1983Optimal fiscal and monetary policy in an economy without capital1,877 cited
  • 2003Optimal fiscal and monetary policy under sticky prices620 cited
  • 2001Optimal Monetary Policy in Open versus Closed Economies: An Integrated Approach561 cited
  • 2010Large Changes in Fiscal Policy: Taxes versus Spending525 cited
  • 1956The Welfare Cost of Inflationary Finance495 cited
  • 1998Optimal Fiscal and Monetary Policy472 cited
  • 2005Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE Approach419 cited
  • 1999Solution and estimation of RE macromodels with optimal policy404 cited
  • 2009Large Changes in Fiscal Policy: Taxes Versus Spending399 cited
  • 2004Technology Shocks in the New Keynesian Model391 cited
  • 1991

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Optimal Fiscal and Monetary Policy: Some Recent Results
377 cited

Cited by

  • 2020Optimal Time-Consistent Monetary, Fiscal and Debt Maturity Policy43 cited
  • 2017On the optimality of IPR protection with blocking patents41 cited
  • 2014Dealing with a liquidity trap when government debt matters: Optimal time-consistent monetary and fiscal policy33 cited
  • 2014Monetary and fiscal policy under deep habits24 cited
  • 2017Optimal Monetary Policy and Fiscal Interactions in a Non-Ricardian Economy20 cited
  • 2010Optimal fiscal and monetary policies in the face of rare disasters17 cited
  • 2006The Costs of Fiscal Inflexibility16 cited