Monetary policy with non-separable government spending
The significant role of government consumption in affecting economic conditions raises the necessity for monetary policy to take into account the behaviour of fiscal policy and to also take into account how the presence of the fiscal sector might affect the transmission mechanism of monetary policy...
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Format: | Article |
Language: | English |
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Taylor & Francis Group
2020-01-01
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Series: | Journal of Applied Economics |
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Online Access: | http://dx.doi.org/10.1080/15140326.2020.1793281 |