Interaction between Fiscal and Monetary Policy in a Dynamic Nonlinear Model
نویسندگان
چکیده
منابع مشابه
Interaction between Fiscal and Monetary Policy in a Dynamic Nonlinear Model
The objective of this study is to verify the dynamics between fiscal policy, measured by public debt, and monetary policy, measured by a reaction function of a central bank. Changes in monetary policies due to deviations from their targets always generate fiscal impacts. We examine two policy reaction functions: the first related to inflation targets and the second related to economic growth ta...
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ژورنال
عنوان ژورنال: PLOS ONE
سال: 2015
ISSN: 1932-6203
DOI: 10.1371/journal.pone.0118917