Now showing items 1-2 of 2

  • Inflation conservatism and monetary-fiscal policy interactions 

    Blake, Andrew P.; Kirsanova, Tatiana (Bank of England, 2009)
    This paper investigates the stabilization bias that arises in a model of monetary and fiscal policy stabilization of the economy, when monetary authority puts higher weight on inflation stabilization than society. We ...
  • Strategic monetary and fiscal policy interactions: an empirical investigation 

    Fragetta, Mario; Kirsanova, Tatiana (European Economic Review, 2010)
    This paper identifies leadership regimes in monetary-fiscal policy interactions in three countries, the UK, the US and Sweden. We specify a small-scale, structural general equilibrium model of an open economy and estimate ...