Fiscal policy rules in macroeconomic models: principles and practice
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Paul R. Masson, 1987. "The Dynamics of a Two-Country Minimodel under Rational Expectations," Annals of Economics and Statistics, GENES, issue 6-7, pages 37-69.
- Keith B. Church & Joanne E. Sault & Silvia Sgherri & Kenneth F. Wallis, 2000.
"Comparative Properties of Models of the UK Economy,"
National Institute Economic Review, National Institute of Economic and Social Research, vol. 171(1), pages 106-122, January.
- P.G. Fisher & S.K. Tanna & D.S. Turner & K.F. Wallis & J.D. Whitley, 1988. "Comparative Properties of Models of the Uk Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 125(1), pages 69-87, August.
- Fisher, P.G. & Tanna, S.K. & Turner, D.S. & Wallis, K.F. & Whitley, J.D., 1989. "Comparative Properties of Models of the Uk Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 129, pages 69-87, August.
- P.G. Fisher & D.S. Turner & K.F. Wallis & J.D. Whitley, 1990. "Comparative Properties of Models of the Uk Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 133(1), pages 91-115, August.
- Fisher, P.G. & Turner, D.S. & Wallis, K.F. & Whitley, J.D., 1990. "Comparative Properties of Models of the UK Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 133, pages 91-115, August.
- K.B. Church & P.R. Mitchell & D.S. Turner & K.F. Wallis & J.D. Whitley, 1991. "Comparative Properties of Models of the Uk Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 137(1), pages 59-74, August.
- K.B. Church & P.R. Mitchell & P.N. Smith & K.F. Wallis, 1993. "Comparative Properties of Models of the UK Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 145(1), pages 87-107, August.
- Fisher, P.G. & Tanna, S.K. & Turner, D.S. & Wallis, K.F. & Whitley, J.D., 1988. "Comparative Properties of Models of the Uk Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 125, pages 69-87, August.
- K.B. Church & P.R. Mitchell & P.N. Smith & K.F. Wallis, 1995. "Comparative Properties of Models of the UK Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 153(1), pages 59-72, August.
- P.G. Fisher & S.K. Tanna & D.S. Turner & K.F. Wallis & J.D. Whitley, 1989. "Comparative Properties of Models of the Uk Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 129(1), pages 69-87, August.
- Keith B. Church & Peter R. Mitchell & Joanne E. Sault & Kenneth F. Wallis, 1997. "Comparative Properties of Models of the UK Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 161(1), pages 91-110, July.
- Willem Buiter, 1987.
"Fiscal Policy in Open, Interdependent Economies,"
Palgrave Macmillan Books, in: Assaf Razin & Efraim Sadka (ed.), Economic Policy in Theory and Practice, chapter 3, pages 101-144,
Palgrave Macmillan.
- Willem H. Buiter, 1984. "Fiscal policy in open, interdependent economies," NBER Working Papers 1429, National Bureau of Economic Research, Inc.
- Buiter, Willem H., 1984. "Fiscal Policy in Open, Interdependent Economies," CEPR Discussion Papers 28, C.E.P.R. Discussion Papers.
- repec:adr:anecst:y:1987:i:6-7:p:03 is not listed on IDEAS
- repec:sae:niesru:v:153:y::i:1:p:59-72 is not listed on IDEAS
- McKibbin, W., 1996. "Disinflation, Fiscal Consolidation and the Role of Monetary and Fiscal Regimes," CEPR Discussion Papers 348, Centre for Economic Policy Research, Research School of Economics, Australian National University.
- Mitchell, Peter R. & Sault, Joanne E. & Smith, Peter N. & Wallis, Kenneth F., 1998. "Comparing global economic models," Economic Modelling, Elsevier, vol. 15(1), pages 1-48, January.
- Barrell, Ray & Sefton, James, 1997. "Fiscal Policy and the Masstricht Solvency Criteria," The Manchester School of Economic & Social Studies, University of Manchester, vol. 65(3), pages 259-279, June.
- Bryant, R.C. & Zhang, L., 1996.
"Intertemporal Fiscal Policy in Macro-Economic Models: Introduction and Major Alternatives,"
Papers
123, Brookings Institution - Working Papers.
- Ralph C. Bryant & Long Zhang, 1996. "Intertemporal Fiscal Policy in Macroeconomic Models: Introduction and Major Alternatives," Discussion Papers 123, Brookings Institution International Economics.
- Darby, Julia & Ireland, Jonathan & Leith, Campbell & Wren-Lewis, Simon, 1998. "COMPACT: a rational expectations, intertemporal model of the United Kingdom economy," Economic Modelling, Elsevier, vol. 16(1), pages 1-52, January.
- Assaf Razin & Efraim Sadka (ed.), 1987. "Economic Policy in Theory and Practice," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-18584-9, December.
- Juillard, Michel & Laxton, Douglas & McAdam, Peter & Pioro, Hope, 1998. "An algorithm competition: First-order iterations versus Newton-based techniques," Journal of Economic Dynamics and Control, Elsevier, vol. 22(8-9), pages 1291-1318, August.
- repec:sae:niesru:v:161:y::i:1:p:91-110 is not listed on IDEAS
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Kenneth F. Wallis & Jan P. A. M. Jacobs, 2005.
"Comparing SVARs and SEMs: two models of the UK economy,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 20(2), pages 209-228.
- Jan P. A. M. Jacobs & Kenneth F. Wallis, 2005. "Comparing SVARs and SEMs: two models of the UK economy," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 20(2), pages 209-228.
- McAdam, Peter & Morgan, Julian, 2001. "The monetary transmission mechanism at the euro-area level: issues and results using structural macroeconomic models," Working Paper Series 93, European Central Bank.
- Perez, Javier J. & Hiebert, Paul, 2004.
"Identifying endogenous fiscal policy rules for macroeconomic models,"
Journal of Policy Modeling, Elsevier, vol. 26(8-9), pages 1073-1089, December.
- Hiebert, Paul & Pérez, Javier J., 2002. "Identifying endogenous fiscal policy rules for macroeconomic models," Working Paper Series 156, European Central Bank.
- Javier J. Pérez & Paul Hiebert, 2002. "Identifying endogenous fiscal policy rules for macroeconomic models," Economic Working Papers at Centro de Estudios Andaluces E2002/06, Centro de Estudios Andaluces.
- McAdam, Peter & Morgan, Julian, 2001. "The monetary transmission mechanism at the euro-area level: issues and results using structural macroeconomic models," Working Paper Series 0093, European Central Bank.
- Perez, Javier J. & Hiebert, Paul, 2004.
"Identifying endogenous fiscal policy rules for macroeconomic models,"
Journal of Policy Modeling,
Elsevier, vol. 26(8-9), pages 1073-1089, December.
- Javier J. Pérez & Paul Hiebert, 2002. "Identifying endogenous fiscal policy rules for macroeconomic models," Economic Working Papers at Centro de Estudios Andaluces E2002/06, Centro de Estudios Andaluces.
- Pérez, Javier J. & Hiebert, Paul, 2002. "Identifying endogenous fiscal policy rules for macroeconomic models," Working Paper Series 0156, European Central Bank.
- Wallis, Kenneth F., 2004.
"Comparing empirical models of the euro economy,"
Economic Modelling, Elsevier, vol. 21(5), pages 735-758, September.
- Kenneth F. Wallis, 2004. "Comparing Empirical Models of the Euro Economy," Econometric Society 2004 Australasian Meetings 14, Econometric Society.
- Bettendorf, Leon J.H. & Heijdra, Ben J., 1999.
"Intergenerational and international welfare leakages of a tariff in a small open economy,"
CCSO Working Papers
199910, University of Groningen, CCSO Centre for Economic Research.
- Bettendorf, Leon J.H. & Heijdra, Ben J., 1999. "Intergenerational and international welfare leakages of a tariff in a small open economy," Research Report 99C19, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
- Serven, Luis, 1995.
"Capital goods imports, the real exchange rate and the current account,"
Journal of International Economics, Elsevier, vol. 39(1-2), pages 79-101, August.
- Serven, Luis, 1994. "Capital goods imports, the real exchange rate, and the current account," Policy Research Working Paper Series 1298, The World Bank.
- A J Hughes Hallett & Peter McAdam, 2001. "Fiscal Consolidation and the Probability Distribution of Deficits: A Stochastic Analysis of the Stability Pact," Studies in Economics 0101, School of Economics, University of Kent.
- Buiter, Willem H. & Sibert, Anne C., 2016.
"Government deficits in large open economies: The problem of too little public debt,"
Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 10, pages 1-39.
- Buiter, Willem H. & Sibert, Anne C., 2015. "Government deficits in large open economies: The problem of too little public debt," Economics Discussion Papers 2015-59, Kiel Institute for the World Economy (IfW Kiel).
- Carmen M. Reinhart, 1991.
"Fiscal Policy, the Real Exchange Rate, and Commodity Prices,"
IMF Staff Papers, Palgrave Macmillan, vol. 38(3), pages 506-524, September.
- Reinhart, Carmen, 1988. "Commodity markets and the international transmission of fiscal shocks," MPRA Paper 13411, University Library of Munich, Germany.
- Reinhart, Carmen, 1991. "Fiscal Policy, the Real Exchange Rate, and Commodity Prices," MPRA Paper 8197, University Library of Munich, Germany.
- Ms. Carmen Reinhart, 1990. "Fiscal Policy, the Real Exchange Rate and Commodity Prices," IMF Working Papers 1990/091, International Monetary Fund.
- Reinhart, Carmen, 1990. "Fiscal policy, the real exchange rate and commodity prices: A global framework," MPRA Paper 14102, University Library of Munich, Germany.
- Fisher, Walter H. & Heijdra, Ben J., 2009.
"Keeping up with the ageing Joneses,"
Journal of Economic Dynamics and Control, Elsevier, vol. 33(1), pages 53-64, January.
- Fisher, Walter H. & Heijdra, Ben J., 2007. "Keeping up with the Ageing Joneses," Economics Series 204, Institute for Advanced Studies.
- Bohdan Klos & Ryszard Kokoszczynski & Tomasz Lyziak & Jan Przystupa & Ewa Wrobel, 2005. "Structural Econometric Models in Forecasting Inflation at the National Bank of Poland," NBP Working Papers 31, Narodowy Bank Polski.
- Mr. Jacob A. Frenkel & Mr. Steven A. Symansky & Assaf Razin, 1991.
"International Vat Harmonization: Economic Effects,"
IMF Working Papers
1991/022, International Monetary Fund.
- Jacob A. Frenkel & Assaf Razin & Steve Symansky, 1991. "International VAT Harmonization: Economic Effects," NBER Working Papers 3656, National Bureau of Economic Research, Inc.
- Faik Koray & K. Peren Arin, 2006. "International Transmission of Fiscal Shocks: An Empirical Investigation," Departmental Working Papers 2006-03, Department of Economics, Louisiana State University.
- Cardi, Olivier & Müller, Gernot J., 2011.
"Habit formation and fiscal transmission in open economies,"
Journal of International Economics, Elsevier, vol. 85(2), pages 256-267.
- Müller, Gernot & Cardi, Olivier, 2010. "Habit Formation and Fiscal Transmission in Open Economies," CEPR Discussion Papers 8035, C.E.P.R. Discussion Papers.
- Olivier Cardi & Gernot J. Muller, 2010. "Habit Formation and Fiscal Transmission in Open Economies," Working Papers hal-00544484, HAL.
- Enrique G. Mendoza, 2001. "The International Macroeconomics of Taxation and the Case Against European Tax Harmonization," NBER Working Papers 8217, National Bureau of Economic Research, Inc.
- repec:dgr:rugsom:99c19 is not listed on IDEAS
- Giancarlo Marini & Giovanni Piersanti, 2003. "Fiscal Deficits and Currency Crises," CEIS Research Paper 15, Tor Vergata University, CEIS.
- Piersanti, Giovanni, 2000. "Current account dynamics and expected future budget deficits: some international evidence," Journal of International Money and Finance, Elsevier, vol. 19(2), pages 255-271, April.
- Willem H. Buiter & Anne Sibert & Anne C. Sibert, 2011. "Government Budget Deficits in Large Open Economies," CESifo Working Paper Series 3476, CESifo.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecmode:v:17:y:2000:i:2:p:171-193. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30411 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.