Blake, A. and Kirsanova, T. (2004) A note on timeless perspective policy design. Economics Letters, 85(1), pp. 9-16. (doi: 10.1016/j.econlet.2004.03.009)
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Publisher's URL: http://dx.doi.org/10.1016/j.econlet.2004.03.009
Abstract
Working with a typical macroeconomic model, we investigate the potential superiority or otherwise of timeless perspective (TP) policy design. We show that when fiscal policy matters, the timeless perspective policy design can cause instability.
| Item Type: | Articles |
|---|---|
| Status: | Published |
| Refereed: | Yes |
| Glasgow Author(s) Enlighten ID: | Kirsanova, Professor Tatiana |
| Authors: | Blake, A., and Kirsanova, T. |
| College/School: | College of Social Sciences > Adam Smith Business School > Economics |
| Journal Name: | Economics Letters |
| ISSN: | 0165-1765 |
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