메뉴 건너뛰기




Volumn 124, Issue 1, 2005, Pages 79-105

Equilibrium and government commitment

Author keywords

Commitment; Competitive equilibrium; Government strategy; Implementation

Indexed keywords


EID: 23844502558     PISSN: 00220531     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jet.2004.06.001     Document Type: Article
Times cited : (54)

References (34)
  • 1
    • 0001870768 scopus 로고
    • Public confidence and debt management a model and a case study of Italy
    • R. Dornbusch M. Draghi (Eds.) Cambridge University Press Cambridge, MA
    • A. Alesina A. Prati G. Tabellini Public confidence and debt management a model and a case study of Italy In: R. Dornbusch M. Draghi (Eds.) Public Debt Management Theory and History 1990 Cambridge University Press Cambridge, MA 94-118
    • (1990) Public Debt Management Theory and History , pp. 94-118
    • Alesina, A.1    Prati, A.2    Tabellini, G.3
  • 2
    • 0036435320 scopus 로고    scopus 로고
    • A game-theoretic view of the fiscal theory of the price level
    • M. Bassetto A game-theoretic view of the fiscal theory of the price level Econometrica 70 2002 2167-2195
    • (2002) Econometrica , vol.70 , pp. 2167-2195
    • Bassetto, M.1
  • 3
    • 4043122551 scopus 로고    scopus 로고
    • Negative nominal interest rates
    • (May)
    • M. Bassetto Negative nominal interest rates Amer. Econ. Rev. 94 (May) (2004) 104-108.
    • (2004) Amer. Econ. Rev. , vol.94 , pp. 104-108
    • Bassetto, M.1
  • 4
    • 0000476452 scopus 로고
    • Servicing the public debt: The role of expectations
    • G.A. Calvo Servicing the public debt the role of expectations Amer. Econ. Rev. 78 1988 647-661
    • (1988) Amer. Econ. Rev. , vol.78 , pp. 647-661
    • Calvo, G.A.1
  • 5
    • 0000172910 scopus 로고
    • Global games and equilibrium selection
    • H. Carlsson E. van Damme Global games and equilibrium selection Econometrica 61 1993 989-1018
    • (1993) Econometrica , vol.61 , pp. 989-1018
    • Carlsson, H.1    van Damme, E.2
  • 6
    • 0001383551 scopus 로고
    • Optimal taxation of capital income in general equilibrium with infinite lives
    • C. Chamley Optimal taxation of capital income in general equilibrium with infinite lives Econometrica 54 1986 607-622
    • (1986) Econometrica , vol.54 , pp. 607-622
    • Chamley, C.1
  • 8
    • 77956721659 scopus 로고    scopus 로고
    • Optimal fiscal and monetary policy
    • J.B. Taylor M. Woodford (Eds.) Elsevier Science, North-Holland Amsterdam
    • V.V. Chari P.J. Kehoe Optimal fiscal and monetary policy In: J.B. Taylor M. Woodford (Eds.) Handbook of Macroeconomics vol. 1C 1999 Elsevier Science, North-Holland Amsterdam 1671-1745
    • (1999) Handbook of Macroeconomics , vol.1 C , pp. 1671-1745
    • Chari, V.V.1    Kehoe, P.J.2
  • 9
  • 10
    • 0040364531 scopus 로고    scopus 로고
    • The science of monetary policy: A new Keynesian perspective
    • R. Clarida J. Galí M. Gertler The science of monetary policy a new Keynesian perspective J. Econ. Lit. 37 1999 1661-1707
    • (1999) J. Econ. Lit. , vol.37 , pp. 1661-1707
    • Clarida, R.1    Galí, J.2    Gertler, M.3
  • 11
    • 0042142194 scopus 로고    scopus 로고
    • Money as stock: Price level determination with no money demand
    • Working Paper 7498 NBER
    • J.H. Cochrane Money as stock: Price level determination with no money demand Working Paper 7498 NBER 2000.
    • (2000)
    • Cochrane, J.H.1
  • 12
  • 14
    • 85010390101 scopus 로고
    • Bank runs, deposit insurance, and liquidity
    • D.W. Diamond P.H. Dybvig Bank runs, deposit insurance, and liquidity J. Polit. Economy 91 1983 401-419
    • (1983) J. Polit. Economy , vol.91 , pp. 401-419
    • Diamond, D.W.1    Dybvig, P.H.2
  • 15
    • 0023482971 scopus 로고
    • Public debt guarantees and private capital flight
    • J. Eaton Public debt guarantees and private capital flight World Bank Econ. Rev. 1 1987 377-395
    • (1987) World Bank Econ. Rev. , vol.1 , pp. 377-395
    • Eaton, J.1
  • 16
    • 13444272995 scopus 로고    scopus 로고
    • Government policy and the probability of coordination failures
    • in press doi:10.1016/j.euroecorev.2003.08.006
    • H.M. Ennis T. Keister Government policy and the probability of coordination failures Europ. Econ. Rev. in press doi:10.1016/ j.euroecorev.2003.08.006.
    • Europ. Econ. Rev.
    • Ennis, H.M.1    Keister, T.2
  • 17
    • 29444433075 scopus 로고    scopus 로고
    • Optimal fiscal policy under multiple equilibria
    • in press
    • H.M. Ennis T. Keister Optimal fiscal policy under multiple equilibria J. Monet. Econ. in press.
    • J. Monet. Econ.
    • Ennis, H.M.1    Keister, T.2
  • 18
    • 0001891557 scopus 로고
    • Dynamic inconsistency cooperation and the benevolent dissembling government
    • S. Fischer Dynamic inconsistency cooperation and the benevolent dissembling government, J. Econ. Dynam. Control 2 1980 93-107
    • (1980) J. Econ. Dynam. Control , vol.2 , pp. 93-107
    • Fischer, S.1
  • 19
    • 0001870769 scopus 로고
    • Confidence crises and public debt management
    • R. Dornbusch M. Draghi (Eds.) Cambridge University Press Cambridge, MA
    • F. Giavazzi M. Pagano Confidence crises and public debt management In: R. Dornbusch M. Draghi (Eds.) Public Debt Management Theory and History 1990 Cambridge University Press Cambridge, MA 125-143
    • (1990) Public Debt Management Theory and History , pp. 125-143
    • Giavazzi, F.1    Pagano, M.2
  • 20
    • 46549094093 scopus 로고
    • Redistributive taxation in a simple perfect foresight model
    • K.L. Judd Redistributive taxation in a simple perfect foresight model J. Public Econ. 28 1985 59-83
    • (1985) J. Public Econ. , vol.28 , pp. 59-83
    • Judd, K.L.1
  • 21
    • 0002226230 scopus 로고
    • Optimal fiscal and monetary policy in an economy without capital
    • R.E. Lucas Jr. N.L. Stokey Optimal fiscal and monetary policy in an economy without capital J. Monet. Econ. 12 1983 55-93
    • (1983) J. Monet. Econ. , vol.12 , pp. 55-93
    • Lucas, R.E.1    Stokey, N.L.2
  • 22
    • 38249020364 scopus 로고
    • Sunspot equilibria (rational bubbles) in a model of money-in-the-utility-function
    • K. Matsuyama Sunspot equilibria (rational bubbles) in a model of money-in-the-utility-function J. Monet. Econ. 25 1990 137-144
    • (1990) J. Monet. Econ. , vol.25 , pp. 137-144
    • Matsuyama, K.1
  • 23
    • 0000151804 scopus 로고
    • Endogenous price fluctuations in an optimizing model of a monetary economy
    • K. Matsuyama Endogenous price fluctuations in an optimizing model of a monetary economy Econometrica 59 1991 1617-1631
    • (1991) Econometrica , vol.59 , pp. 1617-1631
    • Matsuyama, K.1
  • 24
    • 0000749777 scopus 로고    scopus 로고
    • Unique equilibrium in a model of self-fulfilling currency attacks
    • S. Morris H.S. Shin Unique equilibrium in a model of self-fulfilling currency attacks Amer. Econ. Rev. 88 1998 587-597
    • (1998) Amer. Econ. Rev. , vol.88 , pp. 587-597
    • Morris, S.1    Shin, H.S.2
  • 26
    • 0002007807 scopus 로고
    • A contribution of the theory of taxation
    • F.P. Ramsey A contribution of the theory of taxation Econ. J. 37 1927 47-61
    • (1927) Econ. J. , vol.37 , pp. 47-61
    • Ramsey, F.P.1
  • 27
    • 0001259533 scopus 로고    scopus 로고
    • The Mexican Peso crisis: Sudden death or death foretold?
    • J.D. Sachs A. Tornell A. Velasco The Mexican Peso crisis sudden death or death foretold? J. Int. Econ. 41 1996 265-283
    • (1996) J. Int. Econ. , vol.41 , pp. 265-283
    • Sachs, J.D.1    Tornell, A.2    Velasco, A.3
  • 28
    • 0001527610 scopus 로고
    • "Rational" expectations the optimal monetary instrument and the optimal money supply rule
    • T.J. Sargent N. Wallace "Rational" expectations, the optimal monetary instrument, and the optimal money supply rule J. Polit. Economy 83 1975 241-254
    • (1975) J. Polit. Economy , vol.83 , pp. 241-254
    • Sargent, T.J.1    Wallace, N.2
  • 30
    • 11544374039 scopus 로고
    • A simple model for study of the determination of the price level and the interaction of monetary and fiscal policy
    • C.A. Sims A simple model for study of the determination of the price level and the interaction of monetary and fiscal policy Econ. Theory 4 1994 381-399
    • (1994) Econ. Theory , vol.4 , pp. 381-399
    • Sims, C.A.1
  • 32
    • 0033147687 scopus 로고    scopus 로고
    • Inflation targeting as a monetary policy rule
    • L.E.O. Svensson Inflation targeting as a monetary policy rule J. Monet. Econ. 43 1999 607-654
    • (1999) J. Monet. Econ. , vol.43 , pp. 607-654
    • Svensson, L.E.O.1
  • 33
    • 27144456986 scopus 로고    scopus 로고
    • Implementing optimal policy through inflation-forecast targeting
    • B.S. Bernanke M. Woodford (Eds.) University of Chicago Press Chicago in press
    • L.E.O. Svensson M. Woodford Implementing optimal policy through inflation-forecast targeting in: B.S. Bernanke M. Woodford (Eds.) Inflation Targeting Debate University of Chicago Press Chicago in press.
    • Inflation Targeting Debate
    • Svensson, L.E.O.1    Woodford, M.2
  • 34
    • 0001264279 scopus 로고
    • Monetary policy and price level determinacy in a cash-in-advance economy
    • M. Woodford Monetary policy and price level determinacy in a cash-in-advance economy Econ. Theory 4 1994 345-380
    • (1994) Econ. Theory , vol.4 , pp. 345-380
    • Woodford, M.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.