A note on timeless perspective policy design

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


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
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

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