Commentary on Policy at the Zero Lower Bound

被引：0

作者：

Sims, Christopher A. ^{[1
]}

机构：

[1] Princeton Univ, Dept Econ, Princeton, NJ 08544 USA

来源：

INTERNATIONAL JOURNAL OF CENTRAL BANKING | 2010年 / 6卷 / 01期

关键词：

D O I：

暂无

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Several aspects of the difficulties of policy at the zero lower bound are discussed: The difficulty of credible commitment to higher future inflation, as most New Keynesian models imply is necessary; the need for fiscal and monetary policy coordination; and the pitfalls in the taking of quasi-fiscal actions by the central bank.

引用

页码：205 / 213

页数：9

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