Should Macroeconomic Policy Makers Consider Household Planning Horizons?

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:	macroeconomic policy ricardian equivalence heterogeneity of households
Online Access:	http://www.journalssystem.com/gna/Czy-szacujac-efekty-polityki-makroekonomicznej-nalezy-uwzgledniac-perspektywe-planowania,100734,0,2.html

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