Matches in SemOpenAlex for { <https://semopenalex.org/work/W3124351546> ?p ?o ?g. }
Showing items 1 to 85 of
85
with 100 items per page.
- W3124351546 abstract "The paper presents an agent based model to study the possible effects of different fiscal and monetary policies in the context of debt deflation. We introduce a modified Taylor rule which includes the financial position of firms as a target. Monte Carlo simulations show that an excessive sensitivity of the central bank to inflation, the output gap and firms' debt can have undesired and destabilising effects on the system, while an active fiscal policy appears to be able to effectively stabilise the economy. The paper also addresses the puzzle of low inflation during stock market booms by testing different behavioural rules for the central bank. We find that, in a context of sticky prices and volatile expectations, endogenous credit can be identified as the main source of the divergent dynamics of prices in the real and financial sector." @default.
- W3124351546 created "2021-02-01" @default.
- W3124351546 creator A5002129110 @default.
- W3124351546 creator A5010315281 @default.
- W3124351546 date "2013-06-01" @default.
- W3124351546 modified "2023-09-27" @default.
- W3124351546 title "Monetary Policy and Debt Deflation: Some Computational Experiments" @default.
- W3124351546 hasPublicationYear "2013" @default.
- W3124351546 type Work @default.
- W3124351546 sameAs 3124351546 @default.
- W3124351546 citedByCount "0" @default.
- W3124351546 crossrefType "posted-content" @default.
- W3124351546 hasAuthorship W3124351546A5002129110 @default.
- W3124351546 hasAuthorship W3124351546A5010315281 @default.
- W3124351546 hasConcept C10138342 @default.
- W3124351546 hasConcept C120527767 @default.
- W3124351546 hasConcept C121332964 @default.
- W3124351546 hasConcept C126285488 @default.
- W3124351546 hasConcept C127413603 @default.
- W3124351546 hasConcept C139719470 @default.
- W3124351546 hasConcept C141441539 @default.
- W3124351546 hasConcept C151730666 @default.
- W3124351546 hasConcept C162324750 @default.
- W3124351546 hasConcept C185824701 @default.
- W3124351546 hasConcept C19244329 @default.
- W3124351546 hasConcept C200941418 @default.
- W3124351546 hasConcept C2778222704 @default.
- W3124351546 hasConcept C2779343474 @default.
- W3124351546 hasConcept C2779513878 @default.
- W3124351546 hasConcept C2992735868 @default.
- W3124351546 hasConcept C33332235 @default.
- W3124351546 hasConcept C524878704 @default.
- W3124351546 hasConcept C556758197 @default.
- W3124351546 hasConcept C8112001 @default.
- W3124351546 hasConcept C86803240 @default.
- W3124351546 hasConcept C87717796 @default.
- W3124351546 hasConceptScore W3124351546C10138342 @default.
- W3124351546 hasConceptScore W3124351546C120527767 @default.
- W3124351546 hasConceptScore W3124351546C121332964 @default.
- W3124351546 hasConceptScore W3124351546C126285488 @default.
- W3124351546 hasConceptScore W3124351546C127413603 @default.
- W3124351546 hasConceptScore W3124351546C139719470 @default.
- W3124351546 hasConceptScore W3124351546C141441539 @default.
- W3124351546 hasConceptScore W3124351546C151730666 @default.
- W3124351546 hasConceptScore W3124351546C162324750 @default.
- W3124351546 hasConceptScore W3124351546C185824701 @default.
- W3124351546 hasConceptScore W3124351546C19244329 @default.
- W3124351546 hasConceptScore W3124351546C200941418 @default.
- W3124351546 hasConceptScore W3124351546C2778222704 @default.
- W3124351546 hasConceptScore W3124351546C2779343474 @default.
- W3124351546 hasConceptScore W3124351546C2779513878 @default.
- W3124351546 hasConceptScore W3124351546C2992735868 @default.
- W3124351546 hasConceptScore W3124351546C33332235 @default.
- W3124351546 hasConceptScore W3124351546C524878704 @default.
- W3124351546 hasConceptScore W3124351546C556758197 @default.
- W3124351546 hasConceptScore W3124351546C8112001 @default.
- W3124351546 hasConceptScore W3124351546C86803240 @default.
- W3124351546 hasConceptScore W3124351546C87717796 @default.
- W3124351546 hasLocation W31243515461 @default.
- W3124351546 hasOpenAccess W3124351546 @default.
- W3124351546 hasPrimaryLocation W31243515461 @default.
- W3124351546 hasRelatedWork W1569797053 @default.
- W3124351546 hasRelatedWork W2048277194 @default.
- W3124351546 hasRelatedWork W2087971083 @default.
- W3124351546 hasRelatedWork W2092550815 @default.
- W3124351546 hasRelatedWork W2494591592 @default.
- W3124351546 hasRelatedWork W2898134944 @default.
- W3124351546 hasRelatedWork W2955018498 @default.
- W3124351546 hasRelatedWork W2999451846 @default.
- W3124351546 hasRelatedWork W3023610681 @default.
- W3124351546 hasRelatedWork W3121166701 @default.
- W3124351546 hasRelatedWork W3121196717 @default.
- W3124351546 hasRelatedWork W3121543651 @default.
- W3124351546 hasRelatedWork W3122643981 @default.
- W3124351546 hasRelatedWork W3122697996 @default.
- W3124351546 hasRelatedWork W3123115499 @default.
- W3124351546 hasRelatedWork W3123758022 @default.
- W3124351546 hasRelatedWork W3124224526 @default.
- W3124351546 hasRelatedWork W3124413525 @default.
- W3124351546 hasRelatedWork W3143859922 @default.
- W3124351546 hasRelatedWork W3185153919 @default.
- W3124351546 isParatext "false" @default.
- W3124351546 isRetracted "false" @default.
- W3124351546 magId "3124351546" @default.
- W3124351546 workType "article" @default.