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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...
Shranjeno v:
| izdano v: | MAGKS - Joint Discussion Paper Series in Economics (Band 55-2014b) |
|---|---|
| Autoren: | , |
| Format: | Artikel |
| Jezik: | angleščina |
| Izdano: |
Philipps-Universität Marburg
2014
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| Teme: | |
| Online dostop: | PDF-Volltext |
| Oznake: |
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