Fiscal multipliers and policy coordination
This paper is about an economy in a liquidity trap that is an environment with a zero nominal interest rate deflationary pressures and subpar growth. The paper shows two fiscal policy multipliers in a relatively standard New Keynesian liquidity trap economy with taxation costs. It computes real gove...
Enregistré dans:
| Auteur principal: | |
|---|---|
| Format: | Artículo |
| Langue: | eng |
| Publié: |
Banco Central de Chile
2019
|
| Sujets: | |
| Accès en ligne: | https://hdl.handle.net/20.500.12580/3892 |
| Tags: |
Ajouter un tag
Pas de tags, Soyez le premier à ajouter un tag!
|
Soyez le premier à ajouter un commentaire!