[宏觀經濟學研討會]When does a Central Bank’s Balance Sheet Require Fiscal Support
發文時間:2017-04-13

     【ECON20171205】  
      宏觀經濟學研討會          (總第220期)      
【時間】2016年4月19日(周三)12:15-13:45  
【地點】明商0302教室  
【主講】黃源 中國人民大學經濟學院  
【主題】When does a Central Bank’s Balance Sheet Require Fiscal Support (M. Negro & C. Sims, Working Paper, 2015)  
【摘要】Using a simple, general equilibrium model, we argue that a central bank with a large balance sheet composed of long-duration nominal assets should have access to, and be willing to ask for, support for its balance sheet by the fiscal authority. Otherwise its ability to control inflation may be at risk. This need for balance sheet support — a within government transaction — is distinct from the need for fiscal backing of inflation policy that arises even in models where the central bank’s balance sheet is merged with that of the rest of the government.  
【點評】薛澗坡 中國人民大學財政金融學院副教授  
【主持】陳彥斌 教授  
 
 
    人大宏觀經濟學研討會(Macro Workshop)旨在追蹤宏觀經濟學國際最新進展,倡導構建符合國情的動態優化模型,并使用計算機模擬研究經濟增長、收入分配和宏觀政策等中國宏觀經濟重大問題。  
聯系人:劉哲希    Email:Macro_Workshop@163.com  
資料下載:www.docin.com/mydoc-88265459-1.html  
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