Time Consistency and Duration of Government Debt: A Model of Quantitative Easing

DOI10.1093/restud/rdac063zbMath1521.91213OpenAlexW4295980881MaRDI QIDQ6136987

Gauti B. Eggertsson, Saroj Bhattarai, Bulat Gafarov

Publication date: 31 August 2023

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1093/restud/rdac063

zbMATH Keywords

quantitative easingsignallingzero lower boundtime-consistent equilibriumgovernment debt maturity

Mathematics Subject Classification ID

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

Related Items (3)

The financial market effects of unwinding the Federal Reserve's balance sheet ⋮ Analyzing linear DSGE models: the method of undetermined Markov states ⋮ When is government debt accumulation optimal in a liquidity trap?

This page was built for publication: Time Consistency and Duration of Government Debt: A Model of Quantitative Easing