Quarterly Fiscal Policy

被引:3
|
作者
Kendrick, David A. [1 ]
Amman, Hans M. [2 ,3 ]
机构
[1] Univ Texas, Dept Econ, Liberal Arts, Austin, TX USA
[2] Univ Amsterdam, Amsterdam, Netherlands
[3] Amsterdam Univ Appl Sci, Amsterdam, Netherlands
来源
ECONOMISTS VOICE | 2014年 / 11卷 / 01期
关键词
feedback rules; fiscal policy; quarterly fiscal policy;
D O I
10.1515/ev-2013-0034
中图分类号
F [经济];
学科分类号
02 ;
摘要
Monetary policy is altered once a month. Fiscal policy is altered once a year. As a potential improvement this article examines the use of feedback control rules for fiscal policy that is altered quarterly. Following the work of Blinder and Orszag, modifications are discussed in Congressional practice and institutions that would facilitate this change.
引用
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页码:7 / 12
页数:6
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