Open AccessOptimal Fiscal and Monetary Policy with Occasionally Binding Zero Bound Constraints
Author(s) -
Taisuke Nakata
Publication year - 2013
Publication title -
finance and economics discussion series
Language(s) - English
Resource type - Journals
eISSN - 2767-3898
pISSN - 1936-2854
DOI - 10.17016/feds.2013.40
Subject(s) - zero lower bound , economics , nominal interest rate , government spending , shock (circulatory) , new keynesian economics , constraint (computer aided design) , monetary policy , deflation , dynamic stochastic general equilibrium , interest rate , monetary economics , upper and lower bounds , zero (linguistics) , welfare , fiscal policy , government (linguistics) , keynesian economics , real interest rate , mathematics , market economy , geometry , linguistics , philosophy , medicine , mathematical analysis