We develop the theory of price-level determination in a range of models using both ad hoc
policy rules and jointly optimal monetary and fiscal policies and discuss empirical issues that …

Low and stable inflation requires an appropriate fiscal framework aimed at stabilizing
government debt. Historically, trend inflation is critically influenced by actual or perceived …

Research using structural models to identify monetary–fiscal interactions in emerging
economies is still rare. However, it has long been emphasized that monetary and fiscal …

Мамлакатимиз банк-молия тизимида амалга оширилаётган жадал ислоҳотлар тижорат
банклари капиталлашув даражасини ошириш, молиявий барқарорлигини таъминлаш …

This study aims to investigate the relationship between international nonferrous metal prices
and industrial economic variables. To this end, we propose a new extended time-varying …

This paper provides a comprehensive empirical analysis of the role of discretionary fiscal
policy for inflation differentials across the 19 euro area countries over the period 1999–2019 …

This paper uses structural VARs to show that the response of US stock prices to fiscal
shocks changed in 1980. Over the period 1955–1979 an expansionary spending or revenue …

We study the effect of monetary surprise shocks on real output and the price level,
conditioned on different fiscal sustainability regimes in the period 2001Q4-2021Q4. First, we …

We examine the interaction of monetary and fiscal policies in Indonesia from 1974Q2 to
2019Q1. Within a standard structural vector autoregression framework, we show that the …

This paper identifies US monetary and fiscal dominance regimes using machine learning
techniques. The algorithms are trained and verified by employing simulated data from …