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“Unfunded liabilities” and uncertain fiscal financing
16 references·8 citing·42 second hop
“Unfunded liabilities” and uncertain fiscal financing (2010)“Unfunded liabilities” and uncertain fisc…Default Risk and Income Fluctuations in Emerging Economies (2007)Default Risk and Income Fluct…INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY (2005)INTEREST AND PRICES: FOUNDATI…Interest and Prices (2004)Interest and PricesInterest and prices : foundations of a theory of monetary policy (2003)Interest and prices : foundat…An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy (1997)An Optimization-Based Econome…Staggered Prices in a Utility-Maximizing Framework (1996)Staggered Prices in a Utility…Institutions, Institutional Change and Economic Performance (1991)Institutions, Institutional C…Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies (1991)Equilibria under ‘active’ and…Entry and Exit Decisions under Uncertainty (1989)Entry and Exit Decisions unde…Dynamic Fiscal Policy. 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(1971)Time Series Analysis: Forecasting and Control (1977)Monetary Theory and Policy (1999)Monetary Policy According to HANK (2018)Rules, discretion and reputation in a model of monetary policy (1983)Monetary Policy and Exchange Rate Volatility in a Small Open Economy (2005)Time Varying Structural Vector Autoregressions and Monetary Policy (2005)Housing Market Spillovers: Evidence from an Estimated DSGE Model (2010)Aggregate Dynamics and Staggered Contracts (1980)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)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Risk, Return, and Equilibrium: Empirical Tests (1973)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Corruption and Growth (1995)Social Capital, Intellectual Capital, and the Organizational Advantage (1998)The Relational View: Cooperative Strategy and Sources of Interorganizational Competitive Advantage (1998)The Science of Monetary Policy: A New Keynesian Perspective (1999)Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)
this work references cited by second hop

References

  • 1991Institutions, Institutional Change and Economic Performance24,871 cited
  • 2005INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY5,508 cited
  • 1996Staggered Prices in a Utility-Maximizing Framework4,369 cited
  • 1980Irreversibility, Uncertainty, and Cyclical Investment4,130 cited
  • 1958Liquidity Preference as Behavior Towards Risk3,916 cited
  • 2004Interest and Prices2,583 cited
  • 1989Entry and Exit Decisions under Uncertainty2,356 cited
  • 1997An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy2,077 cited
  • 1991Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies2,069 cited
  • 1982Sticky Prices in the United States1,917 cited
  • 1989Dynamic Fiscal Policy.1,724 cited
  • 1981Some Unpleasant Monetarist Arithmetic1,723 cited
  • 1984Some Unpleasant Monetarist Arithmetic1,486 cited
  • 1986Irreversible Investment, Capacity Choice and the Value of the Firm1,296 cited
  • 2007Default Risk and Income Fluctuations in Emerging Economies1,288 cited
  • 2003Interest and prices : foundations of a theory of monetary policy

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  • 2018Uncertain policy promises19 cited
  • 2011Fiscal Calculus and the Labor Market16 cited