Solvency of counter-cyclical policy rules

Journal of Public Economics

Volumn 57, Issue 1, 1995, Pages 45-65

  van der Ploeg, Frederick ^a,b  

^a UNIVERSITY OF AMSTERDAM   (Netherlands)

^b TINBERGEN INSTITUTE   (Netherlands)

Author keywords

Battle of the mark ups; Burden of the public sector; Golden rules for government finance; Nominal anchors; Nominal inertia; Optimal stabilisation policy; Present value government budget constraint; Pro cyclical real wage; Public finance; Stagflation; Supply shocks; Tax and seigniorage smoothing

Indexed keywords

EID: 31344459121     PISSN: 00472727     EISSN: None     Source Type: Journal    
DOI: 10.1016/0047-2727(94)01437-S     Document Type: Article

References (12)

1. On the determination of the public debt
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4. Confidence crises and public debt management
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6. Dynamic policy simulation of linear models with rational expectations of future events: A computer package
7. Dynamic seigniorage theory: An exploration
8. A contribution to the theory of taxation
9. Conflict, inflation and money
10. Political economy of monetary and budgetary policy