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Fiscal and monetary interaction under monetary policy uncertainty

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  • Di Bartolomeo Giovanni
  • Giuli Francesco

Abstract

Despite the recent increasing number of studies on monetary policy uncertainty, its role on the strategic interactions between fiscal and monetary policies has not been fully explored. Our paper aims to fill this gap by tackling this issue by evaluating the consequences produced by multiplicative uncertainty in such a context.

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Bibliographic Info

Paper provided by Department of Communication, University of Teramo in its series wp.comunite with number 0061.

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Date of creation: Dec 2009
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Handle: RePEc:ter:wpaper:0061

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Web page: http://wp.comunite.it/

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Keywords: Monetary-fiscal policy interactions; paramenter uncertainty; symbiosis; monetary policy attenuation;

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References

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Cited by:
  1. Meixing Dai & Moïse Sidiropoulos, 2011. "Fiscal disciplining effect of central bank opacity: Stackelberg versus Nash equilibrium," Economics Bulletin, AccessEcon, vol. 31(4), pages 3068-3076.

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