
Optimal Simple and Implementable Monetary and Fiscal Rules
Author(s) -
Stephanie Schmitt–Grohé,
Martı́n Uribe
Publication year - 2004
Language(s) - English
Resource type - Reports
DOI - 10.3386/w10253
Subject(s) - economics , interest rate , monetary policy , determinacy , nominal interest rate , inflation (cosmology) , fiscal policy , consumption (sociology) , friedman rule , welfare , output gap , real interest rate , monetary economics , econometrics , mathematical economics , mathematics , market economy , mathematical analysis , social science , physics , sociology , theoretical physics