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Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies

Leeper, Eric M.·1991·Journal of Monetary Economics
DOI 10.1016/0304-3932(91)90007-b
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Research works printed but not linked: 30

  1. Aiyagari, 1985, The backing of government debt and monetarism, Journal of Monetary Economics, 16, 19, 10.1016/0304-3932(85)90004-2 · DOI
  2. Bailey, 1956, The welfare cost of inflationary finance, Journal of Political Economy, 64, 93, 10.1086/257766 · DOI · Paper page
  3. Barro, 1979, On the determination of the public debt, Journal of Political Economy, 87, 940, 10.1086/260807 · DOI · Paper page
  4. Barro, 1989, Interest-rate targeting, Journal of Monetary Economics, 23, 3, 10.1016/0304-3932(89)90059-7 · doi:10.1016/0304-3932(89)90059-7
  5. Barro, 1983, A positive theory of monetary policy in a natural rate model, Journal of Political Economy, 91, 589, 10.1086/261167 · DOI · Paper page
  6. Black, 1972, Active and passive monetary policy in a neoclassical model, Journal of Finance, 27, 801, 10.2307/2978669 · doi:10.2307/2978669
  7. Blanchard, 1980, The solution of linear difference models under rational expectations, Econometrica, 48, 1305, 10.2307/1912186 · DOI · Paper page
  8. Dornbusch, 1990, Extreme inflation: Dynamics and stabilization, Brookings Papers on Economic Activity, 2, 1, 10.2307/2534504 · DOI
  9. Dotsey, 1983, Monetary instruments and policy rules in a rational expectation environment, Journal of Monetary Economics, 12, 357, 10.1016/0304-3932(83)90059-4 · doi:10.1016/0304-3932(83)90059-4
  10. Dwyer, 1982, Inflation and government deficits, Economic Inquiry, 20, 315, 10.1111/j.1465-7295.1982.tb00350.x · DOI
  11. Fischer, 1978, Towards an understanding of the real effects and costs of inflation, Weltwirtschaftliches Archiv, 114, 810, 10.1007/BF02696381 · DOI · Paper page
  12. Friedman, 1948, A monetary and fiscal framework for economic stability, American Economic Review, 38, 245
  13. Friedman, 1961, The lag in effect of monetary policy, Journal of Political Economy, 69, 447, 10.1086/258537 · doi:10.1086/258537
  14. Friedman, 1968, The role of monetary policy, American Economic Review, 58, 1
  15. Goodfriend, 1987, Interest rate smoothing and price level trend-stationarity, Journal of Monetary Economics, 19, 335, 10.1016/0304-3932(87)90002-X · doi:10.1016/0304-3932(87)90002-x
  16. Grossman, 1983, A transactions-based model of the monetary transmission mechanism, American Economic Review, 73, 871
  17. Joines, 1985, Deficits and money growth in the United States: 1872–1983, Journal of Monetary Economics, 16, 329, 10.1016/0304-3932(85)90040-6 · DOI
  18. King, 1985, Money, deficits, and inflation, Carnegie-Rochester Conference Series on Public Policy, 22, 147, 10.1016/0167-2231(85)90031-4 · DOI
  19. Kydland, 1977, Rules rather than discretion: The inconsistency of optimal plans, Journal of Political Economy, 85, 473, 10.1086/260580 · DOI · Paper page
  20. Lucas, 1976, Econometric policy evaluation: A critique, Carnegie-Rochester Conference Series on Public Policy, 1, 19, 10.1016/S0167-2231(76)80003-6 · DOI · Paper page
  21. McCallum, 1981, Price level determinacy with an interest rate policy rule and rational expectations, Journal of Monetary Economics, 8, 319, 10.1016/0304-3932(81)90014-3 · doi:10.1016/0304-3932(81)90014-3
  22. McCallum, 1984, Are bond-financed deficits inflationary? A Ricardian analysis, Journal of Political Economy, 92, 123, 10.1086/261211 · doi:10.1086/261211
  23. McCallum, 1986, Some issues concerning interest rate pegging, price level determinacy, and the real bills doctrine, Journal of Monetary Economics, 17, 135, 10.1016/0304-3932(86)90009-7 · doi:10.1016/0304-3932(86)90009-7
  24. Obstfeld, 1983, Speculative hyperinflations in maximizing models: Can we rule them out?, Journal of Political Economy, 91, 675, 10.1086/261171 · doi:10.1086/261171
  25. Olivera, 1970, On passive money, Journal of Political Economy, 78, 805, 10.1086/259678 · doi:10.1086/259678
  26. Papell, 1989, Monetary policy in the United States under flexible exchange rates, American Economic Review, 79, 1106
  27. Rotemberg, 1984, A monetary equilibrium model with transactions costs, Journal of Political Economy, 92, 40, 10.1086/261207 · DOI
  28. Sargent, 1975, ‘Rational’ expectations, the optimal monetary instrument, and the optimal money supply rule, Journal of Political Economy, 83, 241, 10.1086/260321 · DOI · Paper page
  29. Sargent, 1981, Some unpleasant monetarist arithmetic, Federal Reserve Bank of Minneapolis Quarterly Review, 1
  30. Simons, 1936, Rules versus authorities in monetary policy, Journal of Political Economy, 44, 1, 10.1086/254882 · DOI

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Metadata

Authors
Leeper, E. M.
Venue
Journal of Monetary Economics
Publisher
Elsevier BV
Published
1991-02
Volume
27
Issue
1
Pages
129-147
ISSN
0304-3932 (ISSN-L)
DOI
10.1016/0304-3932(91)90007-b
OpenAlex
W1985243191
Cited by
2,058
References
0
FWCI
7.37
Type
journal article
Language
en
Open access
closed
Licence
www.elsevier.com/tdm/userlicense/1.0/ (tdm)

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CoChat. (2026). Citation check: Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies. https://app.cochat.ai/papers/10.1016/0304-3932(91)90007-b
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Leeper, E. M. (1991). Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies. Journal of Monetary Economics. https://doi.org/10.1016/0304-3932(91)90007-b

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