Should Macroeconomic Policy Makers Consider Household Planning Horizons?

The aim of the study is to compare the effects of monetary and fiscal policy in a model with all-Ricardian households and a model taking into account non-Ricardians. The analysis is based on a medium-scale neo-Keynesian model that considers households with different planning horizons. The simulation...

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Bibliographic Details
Main Author: Piotr Krajewski
Format: Article
Language:English
Published: Collegium of Economic Analysis, SGH Warsaw School of Economics 2017-08-01
Series:Gospodarka Narodowa. The Polish Journal of Economics
Subjects:
Online Access:http://www.journalssystem.com/gna/Czy-szacujac-efekty-polityki-makroekonomicznej-nalezy-uwzgledniac-perspektywe-planowania,100734,0,2.html