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Monetary and fiscal actions: a test of their relative importance in economic stabilization

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  1. D. Giannaros & B. Kolluri & M. Panik, 1999. "An Empirical Analysis of The Effects of Government Spending on Capital Investment: Evidence from O.E.C.D. Countries," International Economic Journal, Taylor & Francis Journals, vol. 13(1), pages 45-55.
  2. William T. Gavin & Finn E. Kydland, 2000. "The nominal facts and the October 1979 policy change," Review, Federal Reserve Bank of St. Louis, vol. 82(Nov), pages 39-61.
  3. Robert J. Gordon & Arthur M. Okun & Herbert Stein, 1980. "Postwar Macroeconomics: The Evolution of Events and Ideas," NBER Chapters, in: The American Economy in Transition, pages 101-182, National Bureau of Economic Research, Inc.
  4. Andreas Hoffmann, 2010. "An Overinvestment Cycle In Central And Eastern Europe?," Metroeconomica, Wiley Blackwell, vol. 61(4), pages 711-734, November.
  5. Michael D. Bordo & Anna J. Schwartz, 2004. "IS-LM and Monetarism," History of Political Economy, Duke University Press, vol. 36(5), pages 217-239, Supplemen.
  6. Robert H. Rasche & Marcela M. Williams, 2007. "The effectiveness of monetary policy," Review, Federal Reserve Bank of St. Louis, vol. 89(Sep), pages 447-490.
  7. Stanley L. Winer, 1979. "Short-Run Monetary-Fiscal Influences in a Federal State: with Application to the Canadian Economy, 1947 to 1973," Public Finance Review, , vol. 7(4), pages 395-424, October.
  8. Stephen M. Miller & Frank S. Russek, 2003. "The Relationship Between Large Fiscal Adjustments And Short‐Term Output Growth Under Alternative Fiscal Policy Regimes," Contemporary Economic Policy, Western Economic Association International, vol. 21(1), pages 41-58, January.
  9. Wickens, Michael R., 2014. "How did we get to where we are now? Reflections on 50 years of macroeconomic and financial econometrics," CEPR Discussion Papers 10197, C.E.P.R. Discussion Papers.
  10. Benjamin M. Friedman, 1988. "Targets and Instruments of Monetary Policy," NBER Working Papers 2668, National Bureau of Economic Research, Inc.
  11. Tom Stark, 1998. "A Bayesian vector error corrections model of the U.S. economy," Working Papers 98-12, Federal Reserve Bank of Philadelphia.
  12. Pierre-Yves Hénin & Pape N'Diaye, 2001. "L'effet des politiques budgétaires sur l'activité : une fonction des conditions conjoncturelles et du régime budgétaire ?," Économie et Prévision, Programme National Persée, vol. 147(1), pages 73-88.
  13. Sinelnikova-Muryleva, Elena (Синельникова-Мурылева, Елена), 2017. "Analysis of Transmission Mechanisms of Monetary Policy of the Bank of Russia in Conditions of Transition to Inflation Targeting [Анализ Трансмиссионных Механизмов Денежно-Кредитной Политики Банка Р," Working Papers 041703, Russian Presidential Academy of National Economy and Public Administration.
  14. Paul, Sunil & Ramachandran, M., 2011. "Currency equivalent monetary aggregates as leading indicators of inflation," Economic Modelling, Elsevier, vol. 28(4), pages 2041-2048, July.
  15. Bernanke, Ben S & Blinder, Alan S, 1992. "The Federal Funds Rate and the Channels of Monetary Transmission," American Economic Review, American Economic Association, vol. 82(4), pages 901-921, September.
  16. Bryant, John & Wallace, Neil, 1980. "Open-Market Operations in a Model of Regulated, Insured Intermediaries," Journal of Political Economy, University of Chicago Press, vol. 88(1), pages 146-173, February.
  17. Benjamin M. Friedman, 1984. "The Value of Intermediate Targets in Implementing Monetary Policy," NBER Working Papers 1487, National Bureau of Economic Research, Inc.
  18. Leeper, Eric M. & Gordon, David B., 1992. "In search of the liquidity effect," Journal of Monetary Economics, Elsevier, vol. 29(3), pages 341-369, June.
  19. Gamber, Edward N. & Joutz, Frederick L., 2005. "The Yield Curve Slope and Monetary Policy Innovations," Economics Series 171, Institute for Advanced Studies.
  20. Martin Feldstein & Douglas W. Elmendorf, 1989. "Budget Deficits, Tax Incentives, and Inflation: A Surprising Lesson from the 1983–1984 Recovery," NBER Chapters, in: Tax Policy and the Economy, Volume 3, pages 1-24, National Bureau of Economic Research, Inc.
  21. Michael T. Belongia, 1984. "Money growth variability and GNP," Review, Federal Reserve Bank of St. Louis, vol. 66(Apr), pages 23-31.
  22. Martin Feldstein & Douglas W. Elmendorf, 1989. "Budget Deficits, Tax Incentives and Inflation: A Surprising Lesson From The 1983-84 Recovery," NBER Working Papers 2819, National Bureau of Economic Research, Inc.
  23. Cemal Ozturk & Gunsenin Altinkaynak, 2022. "Asymmetric Effectiveness of Monetary and Fiscal Policies: Evidence from Turkey," World Journal of Applied Economics, WERI-World Economic Research Institute, vol. 8(1), pages 1-14, June.
  24. Michalski, Raphael Joseph, 1977. "An application of consistent statistical estimation to a nonlinear macroeconomic policy model," ISU General Staff Papers 197701010800007086, Iowa State University, Department of Economics.
  25. Charalampos Kalligosfyris & Zacharias Dermatis & Eleni Kalamara & Athanasios Anastasiou, 2024. "Multi-Criteria Evaluation of the Institutional and Tax Environment for Business in the EU Economies," Economies, MDPI, vol. 12(7), pages 1-17, July.
  26. Bennett T. McCallum, 1999. "Recent developments in the analysis of monetary policy rules," Review, Federal Reserve Bank of St. Louis, vol. 81(Nov), pages 3-12.
  27. Robert L. Hetzel, 2007. "The contributions of Milton Friedman to economics," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 93(Win), pages 1-30.
  28. Christina D. Romer & David H. Romer, 2010. "The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks," American Economic Review, American Economic Association, vol. 100(3), pages 763-801, June.
  29. Michael D. Bradley & Dennis W. Jansen, 1989. "Understanding nominal GNP targeting," Review, Federal Reserve Bank of St. Louis, issue Nov, pages 31-40.
  30. David Bowles & Holley Ulbrich & Myles Wallace, 1989. "Default Risk, Interest Differentials and Fiscal Policy: A New Look at Crowding Out," Eastern Economic Journal, Eastern Economic Association, vol. 15(3), pages 203-212, Jul-Sep.
  31. William Poole, 2000. "Monetary aggregates and monetary aggregates in the twenty-first century," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 45(Oct), pages 13-24.
  32. Tatom, John, 2009. "The Superlative Recession and economic policies," MPRA Paper 13115, University Library of Munich, Germany.
  33. Allan Meltzer, 1998. "Monetarism: The issues and the outcome," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 26(1), pages 8-31, March.
  34. Michael Wickens, 2015. "How Did We Get to Where We Are Now? Reflections on 50 Years of Macroeconomic and Financial Econometrics," Manchester School, University of Manchester, vol. 83, pages 60-82, December.
  35. Catherine Bruno, 1997. "Transmission de la politique monétaire et régime de changes : une comparaison France - Allemagne - Etats-Unis," Revue de l'OFCE, Programme National Persée, vol. 61(1), pages 139-164.
  36. Jawaid, Syed Tehseen & Arif, Imtiaz & Naeemullah, Syed Muhammad, 2010. "Comparative analysis of monetary and fiscal Policy: a case study of Pakistan," MPRA Paper 30850, University Library of Munich, Germany, revised Dec 2010.
  37. Charles Freedman, 1981. "Monetary Aggregates as Targets: Some Theoretical Aspects," NBER Working Papers 0775, National Bureau of Economic Research, Inc.
  38. Bennett T. McCallum, 1985. "Monetary vs. Fiscal Policy Effects: A Review of the Debate," NBER Working Papers 1556, National Bureau of Economic Research, Inc.
  39. Charles I. Plosser, 1989. "Money and business cycles: a real business cycle interpretation," Proceedings, Federal Reserve Bank of St. Louis.
  40. Benjamin M. Friedman, 1993. "The Role of Judgment and Discretion in the Conduct of Monetary Policy: Consequences of Changing Financial Markets," NBER Working Papers 4599, National Bureau of Economic Research, Inc.
  41. Sheikh, Munir A. & Grady, Patrick & Lapointe, Paul H., 1980. "L’efficacité de la politique budgétaire en économie ouverte," L'Actualité Economique, Société Canadienne de Science Economique, vol. 56(4), pages 499-534, octobre-d.
  42. Leeper, E.M. & Leith, C., 2016. "Understanding Inflation as a Joint Monetary–Fiscal Phenomenon," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 2305-2415, Elsevier.
  43. Lahura, Erick & Castillo, Giovana, 2018. "El efecto de cambios tributarios sobre la actividad económica en Perú: Una aplicación del enfoque narrativo," Revista Estudios Económicos, Banco Central de Reserva del Perú, issue 36, pages 31-53.
  44. Muhammad Hussain, 1991. "Money, Income, and Causality: Some Evidence from Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 30(4), pages 907-918.
  45. Belliveau, Stefan, 2011. "A St.-Louis equation to reassess the influence of macroeconomic-policy instruments," MPRA Paper 28771, University Library of Munich, Germany.
  46. Charles B. Garrison & Hui S. Chang, 1979. "The Effect of Monetary and Fiscal Policies on Regional Business Cycles," International Regional Science Review, , vol. 4(2), pages 167-180, December.
  47. Thomas Mayer, 2003. "The Monetarist Policy Debate: An Informal Survey," Working Papers 299, University of California, Davis, Department of Economics.
  48. Vîntu, Denis, 2021. "Relația dintre inflație, rata dobânzii, șomaj și creșterea economică," MPRA Paper 112856, University Library of Munich, Germany, revised 30 Sep 2021.
  49. Grady, Patrick, 1996. "Official Economic Forecasting: the Relevance of the Canadian Experience for Transitional Economies," MPRA Paper 25285, University Library of Munich, Germany.
  50. David C. Wheelock, 1999. "National monetary policy by regional design: the evolving role of the Federal Reserve banks in Federal Reserve System policy," Working Papers 1998-010, Federal Reserve Bank of St. Louis.
  51. anonymous, 1969. "Controlling monetary aggregates : proceedings of a conference held on Nantucket Island, Massachusetts, June 8-10, 1969," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 1(Jun).
  52. Läufer, Nikolaus K. A., 1995. "The relative stability of the European money demand function: The portfolio diversification effect," Discussion Papers, Series II 249, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
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