English, Article edition: Nichts als Strohfeuer? Eine kritische Analyse des wirtschaftspolitischen Assignments im "Neuen Konsens" mit Hilfe eines makrooekonometrischen Politiksimulationsmodells der Schweizer Volkswirtschaft Jochen Hartwig

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/3185
Physical Description
  • article
Language
  • English

Edition details

Title
  • Nichts als Strohfeuer? Eine kritische Analyse des wirtschaftspolitischen Assignments im "Neuen Konsens" mit Hilfe eines makrooekonometrischen Politiksimulationsmodells der Schweizer Volkswirtschaft
Author
  • Jochen Hartwig
Physical Description
  • article
Notes
  • The paper is concerned with the traditional "assignment" to be found in many textbooks that holds central bankers responsible for inflation – and inflation only – while government politicians are recommended to care for the short-term stabilisation of the economy (or not to interfere at all, respectively). Building on monetary and fiscal policy simulations done with a macroeconometric model of the Swiss economy, possible long-term real effects of monetary policy are established. Also, a potential role for fiscal policy in the control of inflation is located. Since macroeconometric modelling is now widely regarded as being outmoded, special care is taken to argue that neither the seminal "Lucas critique" nor more recent time series approaches can be said to have overridden the traditional approach.
  • RePEc:int:journl:v:1:y:2004:i:2:p:107-134
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment