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Bibliographische Detailangaben
Beteilige Person: Yang, Shu-Chun S. (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Washington, D.C International Monetary Fund 2010
Schriftenreihe:IMF Working Papers Working Paper No. 10/243
Links:http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
http://elibrary.imf.org/view/IMF001/11380-9781455209439/11380-9781455209439/11380-9781455209439.xml
Abstract:A New Keynesian model allowing for an active monetary and passive fiscal policy (AMPF) regime and a passive monetary and active fiscal policy (PMAF) regime is fit to various U.S. samples from 1955 to 2007. Data in the pre-Volcker periods strongly prefer an AMPF regime, but the estimation is not very informative about whether the inflation coefficient in the interest rate rule exceeds one in pre-Volcker samples. Also, whether a government spending increase yields positive consumption in a PMAF regime depends on price stickiness. An income tax cut can yield a negative labor response if monetary policy aggressively stabilizes output
Umfang:1 Online-Ressource (46 p)
ISBN:1455209430
9781455209439