Can passive monetary policy decrease the debt burden?

DOI10.1016/j.jedc.2023.104802MaRDI QIDQ6558555

Wenyi Shen, Shu-Chun Susan Yang, Ruoyun Mao

Publication date: 19 June 2024

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

zbMATH Keywords

monetary and fiscal policy interactionnonlinear DSGE modelendogenous regime-switching policygovernment spending effectspassive monetary policy

Mathematics Subject Classification ID

Game theory, economics, finance, and other social and behavioral sciences (91-XX)

Cites Work

• Comparing solution methods for dynamic equilibrium economies
• Projection methods for solving aggregate growth models
• Productive government expenditures and long-run growth
• Origins of monetary policy shifts: a new approach to regime switching in DSGE models
• FISCAL STIMULUS WITH LEARNING‐BY‐DOING
• Equilibrium in a Production Economy with an Income Tax
• Strategic interactions in U.S. monetary and fiscal policies
• A Fiscal Theory of Persistent Inflation

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