Fiscal and Monetary Interaction Under Monetary Policy Uncertainty

Di Bartolomeo, Giovanni; Giuli, Francesco

doi:10.2139/ssrn.1567198

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Fiscal and Monetary Interaction Under Monetary Policy Uncertainty

European Journal of Political Economy, Vol. 72, No. 2, pp. 369-375, June

Department of Communication, University of Teramo, Department of Communication, Working Paper No. 61

15 Pages Posted: 11 Mar 2010 Last revised: 14 Feb 2012

See all articles by Giovanni Di Bartolomeo

Francesco Giuli

University of Rome III - Department of Economics

Date Written: December 1, 2009

Abstract

Despite the recent increasing number of studies on monetary policy uncertainty, its role on the strategic interactions between fiscal and monetary policies has not been fully explored. Our paper aims to fill this gap by tackling this issue by evaluating the consequences produced by multiplicative uncertainty in such a context.

Keywords: Monetary-fiscal policy interactions, paramenter uncertainty, symbiosis, monetary policy attenuation

JEL Classification: E61, E63

Suggested Citation: Suggested Citation

Di Bartolomeo, Giovanni and Giuli, Francesco, Fiscal and Monetary Interaction Under Monetary Policy Uncertainty (December 1, 2009). European Journal of Political Economy, Vol. 72, No. 2, pp. 369-375, June, Department of Communication, University of Teramo, Department of Communication, Working Paper No. 61, Available at SSRN: https://ssrn.com/abstract=1567198 or http://dx.doi.org/10.2139/ssrn.1567198