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Monetary and Fiscal Policy in Times of Crises: A New Keynesian Perspective in Continuous Time
To analyse the interdependence between monetary and fiscal policy during a financial crisis, we develop an open-economy DSGE model with monetary and fiscal policy as well as financial markets in a continuous-time framework based on stochastic differential equations. Monetary policy is modelled using...
Gespeichert in:
| Udgivet i: | MAGKS - Joint Discussion Paper Series in Economics (Band 55-2014b) |
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| Autoren: | , |
| Format: | Artikel |
| Sprog: | engelsk |
| Udgivet: |
Philipps-Universität Marburg
2014
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| Fag: | |
| Online adgang: | PDF-Volltext |
| Tags: |
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Internet
PDF-Volltext| Klassifikationsnummer: |
urn:nbn:de:hebis:04-es2024-03559 |
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| Publikationsdatum: |
2024-01-12 |
| Downloads: |
28 (2024) |
| Lizenz: |
https://creativecommons.org/publicdomain/mark/1.0 |
| Zugangs-URL: |
https://archiv.ub.uni-marburg.de/es/2024/0355 https://doi.org/10.17192/es2024.0355 |