Publication

Job turnover, expectations, and the Phillips Curve

Related publications (26)

Graph Chatbot

Chat with Graph Search

Ask any question about EPFL courses, lectures, exercises, research, news, etc. or try the example questions below.

DISCLAIMER: The Graph Chatbot is not programmed to provide explicit or categorical answers to your questions. Rather, it transforms your questions into API requests that are distributed across the various IT services officially administered by EPFL. Its purpose is solely to collect and recommend relevant references to content that you can explore to help you answer your questions.

The impact of fiscal-monetary policy interactions on government size and macroeconomic performance

Vincenzo Cuciniello

This paper analyzes the relationship between inflation, output and government size by reexamining the time inconsistency of optimal monetary and fiscal policies in a general equilibrium model with staggered timing structure for the acquisition of nominal m ...

2009

Optimal Monetary and Fiscal Policy in the EMU: Does Fiscal Policy Coordination matter?

Chiara Forlati

I develop and analyze a DSGE model of a currency union to revise the question of how to conduct monetary and fiscal policy in countries that share the same currency. In contrast with the previous literature which assumes coordination, this paper analyzes t ...

Center for Fiscal Policy Working Paper Series2009

Constraints on modular inflation in supergravity and string theory

Claudio Scrucca

We perform a general algebraic analysis on the possibility of realising slow-roll inflation in the moduli sector of string models. This problem turns out to be very closely related to the characterisation of models admitting metastable vacua with non-negat ...

2008

Optimal Fiscal Policy in a Monetary Union

Luisa Lambertini

We study optimal fiscal policy in a monetary union where monetary policy is decided by an independent central bank. We consider a two-country model with trade in goods and assets, augmented with sticky prices, labor income taxes and stochastic government c ...

Center for Fiscal Policy Working Paper Series2007

Monetary-Fiscal Interactions with a Conservative Central Bank

Luisa Lambertini

Abstract We study macroeconomic stabilization when monetary and fiscal policies interact via their effects on output and inflation and the monetary authority is more conservative than the fiscal. We find that monetary- fiscal interactions result in poor ma ...

2006

Monetary-Fiscal Policy Interactions and Commitment Versus Discretion in a Monetary Union

Luisa Lambertini

We consider monetary fiscal policy interactions in a monetary union. If monetary and fiscal authorities have different ideal output and inflation targets, the Nash equilibrium output or inflation or both are beyond the ideal points of all authorities. Lead ...

Elsevier2001