Quarterly Fiscal Policy

David Kendrick and Hans Amman

The Economists' Voice, 2014, vol. 11, issue 1, 7-12

Abstract: 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.

Keywords: feedback rules; fiscal policy; quarterly fiscal policy (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1515/ev-2013-0034

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