Interaction Between Monetary and Fiscal Policy: Active and Passive Monetary Regimes

Jin Cao () and Gerhard Illing
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Gerhard Illing: LMU

Chapter 3 in Instructor's Manual for Money: Theory and Practice, 2019, pp 63-76 from Springer

Abstract: Abstract This chapter provides exercises for better understanding the interaction between monetary and fiscal policies, focusing on the sustainability of debt in both closed and small open economies. Solutions are provided for selected exercises.

Date: 2019
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DOI: 10.1007/978-3-030-23618-2_3

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