Optimal fiscal and monetary policy when money is essential

DOI10.1016/J.JET.2010.03.009zbMath1244.91062OpenAlexW1985683402MaRDI QIDQ1958947

Sanjay K. Chugh, S. Borağan Aruoba

Publication date: 30 September 2010

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.366.2912

zbMATH Keywords

Friedman Ruleintertemporal distortionsmicro-founded models of money

Mathematics Subject Classification ID

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

Related Items (8)

Optimal fiscal policy with labor selection ⋮ A uniqueness proof for monetary steady state ⋮ Savings, asset scarcity, and monetary policy ⋮ The cost of inflation: a mechanism design approach ⋮ The shadow economy as an equilibrium outcome ⋮ RANDOM MATCHING AND MONEY IN THE NEOCLASSICAL GROWTH MODEL: SOME ANALYTICAL RESULTS ⋮ How should payment services be taxed? ⋮ Optimal monetary policy in an overlapping generations model with search theoretic monetary exchange

Cites Work

• Unnamed Item
• Unnamed Item
• Optimal monetary policy rules with labor market frictions
• Money is memory
• Sustainable plans and debt
• On the optimal taxation of capital income
• Optimal fiscal and monetary policy under sticky prices.
• Dynamic Optimal Taxation with Private Information
• Optimal Taxation of Capital Income in General Equilibrium with Infinite Lives
• A Divisible Search Model of Fiat Money
• Intertemporal Distortions in the Second Best
• Optimal Indirect and Capital Taxation
• Time Consistency of Fiscal and Monetary Policy: A Solution
• Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium
• The Time Consistency of Optimal Monetary and Fiscal Policies

This page was built for publication: Optimal fiscal and monetary policy when money is essential