Fiscal and monetary interaction under monetary policy uncertainty

被引:15
|
作者
Di Bartolomeo, Giovanni [1 ]
Giuli, Francesco [2 ]
机构
[1] Univ Teramo, Dept Commun, I-64100 Teramo, Italy
[2] Univ Roma La Sapienza, Dept Publ Econ, I-00161 Rome, Italy
关键词
Monetary-fiscal policy interactions; Parameter uncertainty; Symbiosis; INFLATION UNCERTAINTY; MODEL UNCERTAINTY; COMMITMENT; TARGET; PERSPECTIVE; PERSISTENCE; DISCRETION; CAUTION; UNION; EMU;
D O I
10.1016/j.ejpoleco.2010.11.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
Despite the increasing number of studies on monetary policy uncertainty, its role on the strategic interaction between fiscal and monetary policies has not been fully explored. Our paper aims to fill this gap by evaluating the consequences produced by multiplicative uncertainty in such a context. (C) 2010 Elsevier B.V. All rights reserved.
引用
收藏
页码:369 / 375
页数:7
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