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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Format: | Article |
Language: | English |
Published: |
Collegium of Economic Analysis, SGH Warsaw School of Economics
2017-08-01
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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 |