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【北航经管学术论坛】Xuan Liu博士讲座取消的通知

发布时间: 2017/06/16 11:11:51     点击次数:次   打印本页

报告题目:How Does the Timing of Markets Affect Optimal Monetary and Fiscal Policy in Sticky Price Model?

报告人:Xuan Liu, Associate Professor of East Carolina University

时间:讲座取消

地点:A1040

邀请人:崔志伟

摘要:This paper studies optimal monetary and fiscal policy with

Svensson timing in sticky price models. The theoretical model is a stochastic

production economy model. In this economy, the government collects

distortionary taxes, prints money, and issues nominal non-state-contingent

bonds to finance an exogenous stream of public spending. The numerical results

show that (1) optimal monetary and fiscal policy is quantitatively sensitive to

the timing of markets; but (2) the fundamental nature of optimal monetary and

fiscal policy is not sensitive to the timing of markets. The findings are

robust to key structural parameters.

经管学院科研办

2017-06-16