Browsing 1. SIRE Discussion Papers by Institution "Department for Work and Pensions"
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Commitment vs. Discretion in the UK: An Empirical Investigation of the Monetary and Fiscal Policy Regime (University of GlasgowDepartment for Work and Pensions, 2013)This paper investigates the conduct of monetary and fiscal policy in the post-ERM period in the UK. Using a simple DSGE New Keynesian model of non-cooperative monetary and fiscal policy interactions under fiscal ...