| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5543 |
| DP5543 The Theory of Assortative Matching Based on Costly Signals | |
| Benny Moldovanu; Heidrun C. Hoppe-Wewetzer; Aner Sela | |
| 发表日期 | 2006-03-12 |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | This paper investigates the importance of fiscal policy in providing macroeconomic stabilisation in a monetary union. We use a microfounded New Keynesian model of a monetary union which incorporates persistence in inflation and non-Ricardian consumers, and derive optimal simple rules for fiscal authorities. We find that fiscal policy can play an important role in reacting to inflation and output, but that not much is lost if national fiscal policy is restricted to react only to national differences in inflation and output. |
| 主题 | International Macroeconomics |
| 关键词 | Optimal monetary policy and fiscal policies Monetary union Simple rules |
| URL | https://cepr.org/publications/dp5543 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534389 |
| 推荐引用方式 GB/T 7714 | Benny Moldovanu,Heidrun C. Hoppe-Wewetzer,Aner Sela. DP5543 The Theory of Assortative Matching Based on Costly Signals. 2006. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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