Search Results for Optimal simple policy rules

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The form of bounded rationality characterizing the representative agent is key in the choice of...

Is aggressive monetary policy response to inflation feasible in countries that suffer from fiscal...

We study the welfare properties of an economy where both monetary and fiscal policy follow simple...

Inequality is increasingly a concern. Fiscal and structural policies are well-understood...

The large recession that followed the Global Financial Crisis of 2008-09 triggered unprecedented...

This paper characterises the jointly optimal monetary and fiscal stabilisation policy in a new...