메뉴 건너뛰기




Volumn 51, Issue 3, 2004, Pages 575-607

Optimal fiscal and monetary policy with sticky prices

Author keywords

Inflation volatility; Optimal fiscal and monetary policy; Ramsey equilibrium; Sticky prices; Tax smoothing

Indexed keywords


EID: 1642419189     PISSN: 03043932     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jmoneco.2003.07.008     Document Type: Article
Times cited : (87)

References (25)
  • 2
    • 0036704133 scopus 로고    scopus 로고
    • Fiscal policy with non-contingent debt and the optimal maturity structure
    • Angeletos G.M. Fiscal policy with non-contingent debt and the optimal maturity structure The Quarterly Journal of Economics 117 3 2002 1105-1131
    • (2002) The Quarterly Journal of Economics , vol.117 , Issue.3 , pp. 1105-1131
    • Angeletos, G.M.1
  • 3
    • 0000841798 scopus 로고
    • On the determination of public debt
    • Barro R.J. On the determination of public debt Journal of Political Economy 87 5 1979 940-971
    • (1979) Journal of Political Economy , vol.87 , Issue.5 , pp. 940-971
    • Barro, R.J.1
  • 4
    • 0030659729 scopus 로고    scopus 로고
    • Returns to scale in U.S. production: Estimates and implications
    • Basu S. Fernald J.G. Returns to scale in U.S. production: Estimates and implications Journal of Political Economy 105 2 1997 249-283
    • (1997) Journal of Political Economy , vol.105 , Issue.2 , pp. 249-283
    • Basu, S.1    Fernald, J.G.2
  • 5
    • 0003615379 scopus 로고    scopus 로고
    • Optimal maturity of government debt without state contingent bonds
    • Manuscript, University of Chicago
    • Buera F. Nicolini J.P. 2001 Optimal maturity of government debt without state contingent bonds. Manuscript, University of Chicago.
    • (2001)
    • Buera, F.1    Nicolini, J.P.2
  • 6
    • 77956721659 scopus 로고    scopus 로고
    • Optimal fiscal and monetary policy
    • J. B. Taylor (Ed.), Amsterdam: North-Holland
    • Chari V.V. Kehoe P.J. Optimal fiscal and monetary policy. In: Taylor J.B. (Ed.), Handbook of Macroeconomics 1999 1671-1745 North-Holland Amsterdam
    • (1999) Handbook of Macroeconomics , pp. 1671-1745
    • Chari, V.V.1    Kehoe, P.J.2
  • 8
    • 0002934899 scopus 로고
    • Policy analysis in business cycle models
    • T. F. Cooley (Ed.), Princeton: Princeton University Press
    • Chari V.V. Christiano L.J. Kehoe P.J. Policy analysis in business cycle models. In: Cooley T.F. (Ed.), Frontiers of Business Cycle Research 1995 357-391 Princeton University Press Princeton
    • (1995) Frontiers of Business Cycle Research , pp. 357-391
    • Chari, V.V.1    Christiano, L.J.2    Kehoe, P.J.3
  • 9
    • 0001682128 scopus 로고    scopus 로고
    • Sticky price models of the business cycle: Can the contract multiplier solve the persistence problem?
    • Chari V.V. Kehoe P.J. McGrattan E.R. Sticky price models of the business cycle: can the contract multiplier solve the persistence problem? Econometrica 68 5 2000 1151-1179
    • (2000) Econometrica , vol.68 , Issue.5 , pp. 1151-1179
    • Chari, V.V.1    Kehoe, P.J.2    McGrattan, E.R.3
  • 11
    • 2342445878 scopus 로고    scopus 로고
    • Optimal fiscal and monetary policy: Equivalence results
    • CEPR Discussion Paper 3730
    • Correia I. Nicolini J.P. Teles P. 2003 Optimal fiscal and monetary policy: equivalence results. CEPR Discussion Paper 3730.
    • (2003)
    • Correia, I.1    Nicolini, J.P.2    Teles, P.3
  • 12
  • 13
    • 0001896862 scopus 로고
    • The optimum quantity of money
    • M. Friedman (Ed.), Chicago, IL: Aldine
    • Friedman M. The optimum quantity of money. In: Friedman M. (Ed.), The Optimum Quantity of Money and Other Essays 1969 1-50 Aldine Chicago, IL
    • (1969) The Optimum Quantity of Money and Other Essays , pp. 1-50
    • Friedman, M.1
  • 14
    • 0004272323 scopus 로고    scopus 로고
    • Growth and business cycles
    • NBER Working Paper W7633
    • Jones L.E. Manuelli R.E. Siu H.E. 2000 Growth and business cycles. NBER Working Paper W7633.
    • (2000)
    • Jones, L.E.1    Manuelli, R.E.2    Siu, H.E.3
  • 15
    • 38249009420 scopus 로고
    • Projection methods for solving aggregate growth models
    • Judd K.L. Projection methods for solving aggregate growth models Journal of Economic Theory 58 1992 410-452
    • (1992) Journal of Economic Theory , vol.58 , pp. 410-452
    • Judd, K.L.1
  • 16
    • 0003669991 scopus 로고
    • Optimal taxation in dynamic stochastic economies: Theory and evidence
    • Manuscript, Stanford University
    • Judd K.L. 1992b Optimal taxation in dynamic stochastic economies: theory and evidence. Manuscript, Stanford University.
    • (1992)
    • Judd, K.L.1
  • 17
    • 0012337491 scopus 로고    scopus 로고
    • Optimal monetary policy
    • Federal Reserve Bank of Richmond Working Paper No. 00-10
    • Khan A. King R.G. Wolman A.L. 2000 Optimal monetary policy. Federal Reserve Bank of Richmond Working Paper No. 00-10.
    • (2000)
    • Khan, A.1    King, R.G.2    Wolman, A.L.3
  • 18
    • 0000135389 scopus 로고    scopus 로고
    • What should the monetary authority do when prices are sticky?
    • J. B. Taylor (Ed.), Chicago: Chicago University Press
    • King R.G. Wolman A.L. What should the monetary authority do when prices are sticky? In: Taylor J.B. (Ed.), Monetary Policy Rules 1999 349-398 Chicago University Press Chicago
    • (1999) Monetary Policy Rules , pp. 349-398
    • King, R.G.1    Wolman, A.L.2
  • 19
    • 0002226230 scopus 로고
    • Optimal fiscal and monetary policy in an economy without capital
    • Lucas Jr. R.E. Stokey N.L. Optimal fiscal and monetary policy in an economy without capital Journal of Monetary Economics 12 1 1983 55-93
    • (1983) Journal of Monetary Economics , vol.12 , Issue.1 , pp. 55-93
    • Lucas Jr., R.E.1    Stokey, N.L.2
  • 20
    • 0003847454 scopus 로고    scopus 로고
    • Recursive contracts
    • Manuscript, European University Institute
    • Marcet A. Marimon R. 1999 Recursive contracts. Manuscript, European University Institute.
    • (1999)
    • Marcet, A.1    Marimon, R.2
  • 21
    • 0013372666 scopus 로고    scopus 로고
    • Optimal fiscal and monetary policy under imperfect competition
    • Manuscript, University of Pennsylvania
    • Schmitt-Grohé S. Uribe M. 2001 Optimal fiscal and monetary policy under imperfect competition. Manuscript, University of Pennsylvania.
    • (2001)
    • Schmitt-Grohé, S.1    Uribe, M.2
  • 22
    • 0013372666 scopus 로고    scopus 로고
    • Optimal fiscal and monetary policy under sticky prices
    • NBER Working Paper W9220
    • Schmitt-Grohé S. Uribe M. 2002 Optimal fiscal and monetary policy under sticky prices. NBER Working Paper W9220.
    • (2002)
    • Schmitt-Grohé, S.1    Uribe, M.2
  • 23
    • 23044528143 scopus 로고    scopus 로고
    • Fiscal consequences for Mexico of adopting the dollar
    • Sims C.A. Fiscal consequences for Mexico of adopting the dollar Journal of Money, Credit and Banking 33 2 2001 597-616
    • (2001) Journal of Money, Credit and Banking , vol.33 , Issue.2 , pp. 597-616
    • Sims, C.A.1
  • 24
    • 1642508922 scopus 로고    scopus 로고
    • Optimal fiscal and monetary policy with sticky prices
    • UBC Department of Economics Discussion Paper 02-13
    • Siu H.E. 2002 Optimal fiscal and monetary policy with sticky prices. UBC Department of Economics Discussion Paper 02-13.
    • (2002)
    • Siu, H.E.1
  • 25
    • 0003438424 scopus 로고    scopus 로고
    • Public debt and the price level
    • Manuscript, Princeton University
    • Woodford M. 1998 Public debt and the price level. Manuscript, Princeton University.
    • (1998)
    • Woodford, M.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.