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Interaction between Fiscal and Monetary Policy in a Dynamic Nonlinear Model

The objective of this study is to verify the dynamics between fiscal policy, measured by public debt, and monetary policy, measured by a reaction function of a central bank. Changes in monetary policies due to deviations from their targets always generate fiscal impacts. We examine two policy reacti...

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Detalles Bibliográficos
Autores principales: Bertella, Mario A., Rego, Henio A., Neris, Celso, Silva, Jonathas N., Podobnik, Boris, Stanley, H. Eugene
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2015
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4371610/
https://www.ncbi.nlm.nih.gov/pubmed/25799581
http://dx.doi.org/10.1371/journal.pone.0118917