The forward fiscal guidance puzzle and a resolution

DOI10.1016/J.JEDC.2018.01.013zbMath1401.91334OpenAlexW2783053021MaRDI QIDQ1657215

Wenlan Luo, Dan Cao, Behzad T. Diba, Robert E. Cumby, Matthew B. Canzoneri

Publication date: 13 August 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2018.01.013

zbMATH Keywords

zero lower boundanticipated fiscal policymonetary policy normalization

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

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