Active Monetary Policy, Passive Fiscal Policy and the Value of Public Debt: Some Further Monetarist Arithmetic
52 Pages Posted: 8 Jun 2016
Date Written: 2003
Abstract
We consider the properties of two monetary policy rules ("strict inflation targeting",
Diese Arbeit untersucht die Eigenschaften zwei verschiedener geldpolitischer Regeln
Keywords: Monetary policy, Fiscal regimes, Overlapping generations
JEL Classification: H62, E52, E63
Suggested Citation: Suggested Citation
von Thadden, Leopold, Active Monetary Policy, Passive Fiscal Policy and the Value of Public Debt: Some Further Monetarist Arithmetic (2003). Bundesbank Series 1 Discussion Paper No. 2003,12, Available at SSRN: https://ssrn.com/abstract=2785198 or http://dx.doi.org/10.2139/ssrn.2785198
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