[宏觀經(jīng)濟(jì)學(xué)研討會(huì)]Unconventional Fiscal Policy at the Zero Bound
發(fā)文時(shí)間:2012-12-10

ECON201222

宏觀經(jīng)濟(jì)學(xué)研討會(huì)

(總第127期)

【時(shí)間】2012年1211日(周二)12:15-13:45

【地點(diǎn)】明主0409教室

【主講】郭豫媚 中國(guó)人民大學(xué)經(jīng)濟(jì)學(xué)院

【主題】Unconventional Fiscal Policy at the Zero Bound (written by Isabel Correia, Emmanuel Farhi, Juan Pablo Nicolini, and Pedro Teles, The American Economic Review, forthcoming)

【摘要】When the zero lower bound on nominal interest rates binds, monetary policy cannot provide appropriate stimulus. We show that, in the standard New Keynesian model, tax policy can deliver such stimulus at no cost and in a time-consistent manner. There is no need to use inefficient policies such as

wasteful public spending or future commitments to low interest

rates.

【主持】陳彥斌 教授

人大宏觀經(jīng)濟(jì)學(xué)研討會(huì)(Macro Workshop)旨在追蹤宏觀經(jīng)濟(jì)學(xué)國(guó)際最新進(jìn)展,倡導(dǎo)構(gòu)建符合國(guó)情的動(dòng)態(tài)優(yōu)化模型(尤其是Bewley模型)并使用計(jì)算機(jī)模擬研究中國(guó)經(jīng)濟(jì)改革與發(fā)展的重大問(wèn)題。

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