create a website

Monetary and fiscal interplay: Does it work both ways?. (2024). Afonso, Antonio ; Sousa, Alexandre.
In: Economic Systems.
RePEc:eee:ecosys:v:48:y:2024:i:2:s0939362524000104.

Full description at Econpapers || Download paper

Cited: 0

Citations received by this document

Cites: 36

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

    This document has not been cited yet.

References

References cited by this document

  1. Afonso, A. Ricardian fiscal regimes in the European union. 2008 Empirica. 35 313-334

  2. Afonso, A. ; Alves, J. ; Balhote, R. Interactions between monetary and fiscal policies. 2019 J. Appl. Econ.. 22 132-151

  3. Afonso, A. ; Arghyrou, M. ; Gadea, M. ; Kontonikas, A. “Whatever it takes” to resolve the European sovereign debt crisis? Bond pricing regime switches and monetary policy effects. 2018 J. Int. Money Financ.. 86 1-30
    Paper not yet in RePEc: Add citation now
  4. Afonso, A. ; Jalles, J. Euro area time-varying fiscal sustainability. 2017 Int. J. Financ. Econ.. 22 244-254
    Paper not yet in RePEc: Add citation now
  5. Afonso, A., Toffano, P. (2013). Fiscal regimes in the EU. ECB WP 1529.

  6. Alcidi, C. and Thirion, G. (2016). The interaction between fiscal and monetary policy – before and after the financial crisis, (649261). Retrieved from http: //www.firstrun.eu/files/2016/07/D4.2P olicymixfinaled.pdf, pages 247–272.
    Paper not yet in RePEc: Add citation now
  7. Bajo-Rubio, O. ; Díaz-Roldán, C. ; Esteve, V. Deficit sustainability and inflation in EMU: An analysis from the Fiscal Theory of the Price Level. 2009 Eur. J. Political Econ.. 25 525-539

  8. Bianchi, F. ; Ilut, C. Monetary/Fiscal Policy Mix and Agent’s Beliefs. 2017 Rev. Econ. Dyn.. 26 113-139
    Paper not yet in RePEc: Add citation now
  9. Blanchard, O. ; Dell’Ariccia, G. ; Mauro, P. Rethinking macroeconomic policy II: getting granular. 2013 IMF Staff Discuss. Note. 1-26
    Paper not yet in RePEc: Add citation now
  10. Blanchard, O. ; Dell’Ariccia, G. ; Mauro, P. Rethinking macroeconomic policy. 2010 J. Money, Credit Bank.. 42 199-215

  11. Cevik, E.I. ; Dibooglu, S. ; Kutan, A.M. Monetary and fiscal policy interactions: Evidence from emerging european economies. 2014 J. Comp. Econ.. 42 1079-1091

  12. Davig, T. ; Leeper, E. Monetary-fiscal policy interactions and fiscal stimulus. 2011 Eur. Econ. Rev.. 55 211-227

  13. de Rezende, R., Ristiniemi, A. (2020). “A shadow rate without a lower bound constraint”. Bank of England Staff Working Paper No. 864.

  14. Favero, C. and Monacelli, T. (2003). Monetary-fiscal mix and inflation performance: Evidence from the US. C.E.P.R. Discussion Papers, CEPR Discussion Papers.

  15. Friedman, M. ; Schwartz, A.J. A Monetary History of the United States, 18671960. 1963 Princeton University Press:

  16. Gerdesmeier, D. and Roffia, B. (2003). Empirical estimates of reaction functions for the euro area. Working Paper Series 206, European Central Bank.

  17. Gerlach, S. ; Schnabel, G. The taylor rule and interest rates in the emu area. 2000 Econ. Lett.. 67 165-171

  18. Hansen, L. Large sample properties of generalized method of moments estimators. 1982 Econometrica. 50 1029-1054

  19. Hausman, J. Specification tests in econometrics. 1978 Econometrica. 46 1251-1271

  20. Ito, A. ; Watanabe, T. ; Yabu, T. Fiscal policy switching in Japan, the US, and the UK. 2011 J. Jpn. Int. Econ.. 25 380-413

  21. Krippner, L. (2012). “Comparison of international monetary policy measures.” Reserve Bank of New Zealand, AN 2012/05.
    Paper not yet in RePEc: Add citation now
  22. Lagarde, C. (2020). The monetary policy strategy review: some preliminary considerations, Speech by the President of the ECB, at the “ECB and Its Watchers XXI” conference, Frankfurt am Main, 30 September 2020.
    Paper not yet in RePEc: Add citation now
  23. Leeper, E.M. Equilibria under ’active’ and ’passive’ monetary and fiscal policies. 1991 J. Monet. Econ.. 27 129-147
    Paper not yet in RePEc: Add citation now
  24. Mitreska, A. ; Vojnovic, M.K. ; Georgievska, L. ; Jovanovic, B. ; Petkovska, M. Did the crisis change it all? Evidence from monetary and fiscal policy. 2010 Bank Albania. 247-272

  25. Roodman, D. How to do xtabond2: An introduction to difference and system gmm in stata. 2009 Stata J.. 9 86-136

  26. Ruth, K. Interest rate reaction functions for the euro area. 2007 Empir. Econ.. 33 541-569

  27. Sala, L. (2004). The Fiscal Theory of the Price Level: Identifying Restrictions and Empirical Evidence. (257).

  28. Sargent, T.J. ; Wallace, N. Some unpleasant monetarist arithmetic. 1981 Q. Rev.. 5 -
    Paper not yet in RePEc: Add citation now
  29. Semmler, W. ; Zhang, W. Monetary and fiscal policy interactions in the euro area. 2004 Empirica. 31 205-227

  30. Silva, C.G. ; Vieira, F.V. Monetary and fiscal policy in advanced and developing countries: An analysis before and after the financial crisis. 2017 Q. Rev. Econ. Financ.. 63 13-20

  31. Sims, C.A. A Simple Model for Study of the Determination of the Price Level and the Interaction of Monetary and Fiscal Policy. 1994 Econ. Theory. 4 381-399

  32. Taylor, J.B. Discretion versus policy rules in practice. 1993 Carne -Rochester Conf. Ser. Public Policy. 39 195-214

  33. Verbeek, M. A guide to modern econometrics. 2014 Appl. Econ.. 8 125-132
    Paper not yet in RePEc: Add citation now
  34. Wolters, M.H. Estimating monetary policy reaction functions using quantile regressions. 2012 J. Macroecon.. 34 342-361

  35. Woodford, M. Price-level determinacy without control of a monetary aggregate. 1995 Carne -Rochester Conf. Ser. Public Policy. 43 1-46

  36. Wooldridge, J. Introductory Econometrics: A Modern Approach. 2016 Cengage Learning:
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. Fiscal sustainability, fiscal reactions, pitfalls and determinants. (2022). Coelho, José Carlos ; Afonso, Antonio.
    In: Working Papers REM.
    RePEc:ise:remwps:wp02192022.

    Full description at Econpapers || Download paper

  2. Fiscal Sustainability, Fiscal Reactions, Pitfalls and Determinants. (2022). Coelho, José ; Afonso, Antonio.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_9635.

    Full description at Econpapers || Download paper

  3. Euro area time-varying cyclicality of fiscal policy. (2021). Carvalho, Francisco ; Afonso, Antonio.
    In: Working Papers REM.
    RePEc:ise:remwps:wp02022021.

    Full description at Econpapers || Download paper

  4. PUBLIC DEBT AND ECONOMIC GROWTH IN BRAZIL. (2020). Afonso, Antonio ; Gadelha, Sergio ; Silva, Agatha.
    In: Working Papers REM.
    RePEc:ise:remwps:wp01482020.

    Full description at Econpapers || Download paper

  5. The Implication of Fiscal Principles and Rules on Promoting Sustainable Public Finances in the EU Countries. (2020). Onofrei, Mihaela ; Bostan, Ionel ; Paraschiv, Gigel ; Oprea, Florin ; Lazr, Cristina Mihaela ; Gavrilu, Anca.
    In: Sustainability.
    RePEc:gam:jsusta:v:12:y:2020:i:7:p:2772-:d:339884.

    Full description at Econpapers || Download paper

  6. Evaluating the sustainability of Italian public finances. (2020). Postigliola, Michele ; Piergallini, Alessandro.
    In: The North American Journal of Economics and Finance.
    RePEc:eee:ecofin:v:53:y:2020:i:c:s1062940820300772.

    Full description at Econpapers || Download paper

  7. The policy mix in the US and EMU: Evidence from a SVAR analysis. (2020). Afonso, Antonio ; Gonalves, Luis.
    In: The North American Journal of Economics and Finance.
    RePEc:eee:ecofin:v:51:y:2020:i:c:s1062940818300822.

    Full description at Econpapers || Download paper

  8. The Impact of Currency Depreciation on Exports of SAARC Countries. (2020). , Nargis ; Kumar, Mukesh ; Begam, Azeema.
    In: Asian Journal of Economic Modelling.
    RePEc:asi:ajemod:2020:p:16-29.

    Full description at Econpapers || Download paper

  9. Sovereign Indebtedness and Financial and Fiscal Conditions. (2019). Jalles, Joao ; Afonso, Antonio.
    In: Working Papers REM.
    RePEc:ise:remwps:wp01112019.

    Full description at Econpapers || Download paper

  10. International Financial Markets. (2019). Saglio, Sophie ; Sanhaji, Bilel ; Guerreiro, David ; Goutte, Stéphane ; Chevallier, Julien.
    In: Post-Print.
    RePEc:hal:journl:halshs-02183053.

    Full description at Econpapers || Download paper

  11. Impact of Fiscal Policy on Consumption and Labor Supply under a Time-Varying Structural VAR Model. (2019). Shaheen, Rozina.
    In: Economies.
    RePEc:gam:jecomi:v:7:y:2019:i:2:p:57-:d:240644.

    Full description at Econpapers || Download paper

  12. Sustainability and comovement of government debt in EMU Countries: A panel data analysis. (2018). Magazzino, Cosimo ; Brady, Gordon L.
    In: Southern Economic Journal.
    RePEc:wly:soecon:v:85:y:2018:i:1:p:189-202.

    Full description at Econpapers || Download paper

  13. Political and Institutional Determinants of Fiscal Policy Persistence in West Africa. (2018). Onye, Kenneth ; Umoh, O J ; Atan, Johnson A.
    In: MPRA Paper.
    RePEc:pra:mprapa:88452.

    Full description at Econpapers || Download paper

  14. The Price Relevance of Fiscal Developments. (2017). Jalles, Joao ; Afonso, Antonio.
    In: International Economic Journal.
    RePEc:taf:intecj:v:31:y:2017:i:1:p:36-50.

    Full description at Econpapers || Download paper

  15. Sovereign Debt Effects and Composition: Evidence from Time-Varying Estimates. (2017). Jalles, Joao ; Afonso, Antonio.
    In: Working Papers Department of Economics.
    RePEc:ise:isegwp:wp032017.

    Full description at Econpapers || Download paper

  16. Sovereign debt composition and time-varying public finance sustainability. (2017). Jalles, Joao ; Afonso, Antonio.
    In: The North American Journal of Economics and Finance.
    RePEc:eee:ecofin:v:42:y:2017:i:c:p:144-155.

    Full description at Econpapers || Download paper

  17. The elusive character of fiscal sustainability. (2016). Jalles, Joao ; Afonso, Antonio.
    In: Applied Economics.
    RePEc:taf:applec:v:48:y:2016:i:28:p:2651-2664.

    Full description at Econpapers || Download paper

  18. Sovereign Debt Effects and Composition: Evidence from Time-Varying Estimates. (2016). Jalles, Joo Tovar.
    In: Working Papers Department of Economics.
    RePEc:ise:isegwp:wp252016.

    Full description at Econpapers || Download paper

  19. Political Budget Cycles: Manipulation from Leaders or Manipulation from Researchers? Evidence from a Meta-Regression Analysis. (2016). Mandon, Pierre ; Cazals, Antoine.
    In: Working Papers.
    RePEc:hal:wpaper:halshs-01320586.

    Full description at Econpapers || Download paper

  20. Do Spanish fiscal regimes follow the euro-area trends? Evidence from Markov-Switching fiscal rules. (2016). Ramajo, Julian ; de Castro Fernández, Francisco ; Ricci-Risquete, Alejandro.
    In: Economic Modelling.
    RePEc:eee:ecmode:v:59:y:2016:i:c:p:484-494.

    Full description at Econpapers || Download paper

  21. Political Budget Cycles: Manipulation from Leaders or Manipulation from Researchers? Evidence from a Meta-Regression Analysis. (2016). Mandon, Pierre ; Cazals, Antoine.
    In: Working Papers.
    RePEc:cdi:wpaper:1812.

    Full description at Econpapers || Download paper

  22. Membership in the Euro area and fiscal sustainability. Analysis through panel fiscal reaction functions.. (2015). Trzeciakowski, Rafał ; Rzońca, Andrzej ; Ciżkowicz, Piotr ; Rzonca, Andrzej.
    In: MPRA Paper.
    RePEc:pra:mprapa:61560.

    Full description at Econpapers || Download paper

  23. The Price Relevance of Fiscal Developments. (2015). Jalles, Joao ; Afonso, Antonio.
    In: Working Papers Department of Economics.
    RePEc:ise:isegwp:wp162015.

    Full description at Econpapers || Download paper

  24. Tight Money and the Sustainability of Public Debt. (2015). Pekarski, Sergey.
    In: HSE Working papers.
    RePEc:hig:wpaper:95/ec/2015.

    Full description at Econpapers || Download paper

  25. Political Budget Cycles: Manipulation of Leaders or Bias from Research? A Meta-Regression Analysis. (2015). Mandon, Pierre ; Cazals, Antoine.
    In: Working Papers.
    RePEc:hal:wpaper:halshs-01238883.

    Full description at Econpapers || Download paper

  26. Political Budget Cycles: Manipulation of Leaders or Bias from Research? A Meta-Regression Analysis. (2015). Cazals, Antoine ; Mandon, Pierre.
    In: CERDI Working papers.
    RePEc:hal:cdiwps:halshs-01238883.

    Full description at Econpapers || Download paper

  27. Multi-step analysis of public finances sustainability. (2015). Rault, Christophe ; Afonso, Antonio.
    In: Economic Modelling.
    RePEc:eee:ecmode:v:48:y:2015:i:c:p:199-209.

    Full description at Econpapers || Download paper

  28. A longer-run perspective on fiscal sustainability. (2014). Jalles, Joao ; Afonso, Antonio.
    In: Empirica.
    RePEc:kap:empiri:v:41:y:2014:i:4:p:821-847.

    Full description at Econpapers || Download paper

  29. The behaviour of US and UK public debt: further evidence based on time varying parameters. (2014). Tiwari, Aviral ; Mutascu, Mihai ; Bolat, Suleyman.
    In: Working Papers.
    RePEc:hal:wpaper:halshs-01107962.

    Full description at Econpapers || Download paper

  30. Pushing the limit? Fiscal policy in the European Monetary Union. (2013). Shiamptanis, Christos ; Daniel, Betty.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:37:y:2013:i:11:p:2307-2321.

    Full description at Econpapers || Download paper

  31. Fiscal Responsiveness, Persistence and Discretion: A Case Study of Pakistan. (2012). Syed, Ammad ; Alam, Shaista ; Ammad, Syed ; Butt, Sabihuddin .
    In: Romanian Economic Journal.
    RePEc:rej:journl:v:15:y:2012:i:45:p:227-244.

    Full description at Econpapers || Download paper

  32. Revisiting fiscal sustainability: panel cointegration and structural breaks in OECD countries. (2012). Jalles, Joao ; Afonso, Antonio.
    In: Working Papers Department of Economics.
    RePEc:ise:isegwp:wp292012.

    Full description at Econpapers || Download paper

  33. Fiscal Equalization Schemes and Fiscal Sustainability. (2012). Reischmann, Markus ; Potrafke, Niklas.
    In: ifo Working Paper Series.
    RePEc:ces:ifowps:_141.

    Full description at Econpapers || Download paper

  34. Fiscal Equalization Schemes and Fiscal Sustainability. (2012). Reischmann, Markus ; Potrafke, Niklas.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_3948.

    Full description at Econpapers || Download paper

  35. The Macroeconomic Effects of Fiscal Policy. (2011). Afonso, Antonio.
    In: Post-Print.
    RePEc:hal:journl:hal-00719484.

    Full description at Econpapers || Download paper

  36. Fiscal policy switching in Japan, the US, and the UK. (2011). Yabu, Tomoyoshi ; Watanabe, Tsutomu ; Ito, Arata.
    In: Journal of the Japanese and International Economies.
    RePEc:eee:jjieco:v:25:y:2011:i:4:p:380-413.

    Full description at Econpapers || Download paper

  37. Assessing long-term fiscal developments: A new approach. (2011). Sousa, Ricardo ; Furceri, Davide ; Agnello, Luca ; Afonso, Antonio.
    In: Journal of International Money and Finance.
    RePEc:eee:jimfin:v:30:y:2011:i:1:p:130-146.

    Full description at Econpapers || Download paper

  38. What do we really know about fiscal sustainability in the EU? A panel data diagnostic. (2010). Rault, Christophe ; Afonso, Antonio.
    In: Review of World Economics (Weltwirtschaftliches Archiv).
    RePEc:spr:weltar:v:145:y:2010:i:4:p:731-755.

    Full description at Econpapers || Download paper

  39. Fiscal policy responsiveness, persistence, and discretion. (2010). Furceri, Davide ; Agnello, Luca ; Afonso, Antonio.
    In: Public Choice.
    RePEc:kap:pubcho:v:145:y:2010:i:3:p:503-530.

    Full description at Econpapers || Download paper

  40. The Macroeconomic Effects of Fiscal Policy in Portugal: a Bayesian SVAR Analysis. (2009). Sousa, Ricardo ; Afonso, Antonio.
    In: NIPE Working Papers.
    RePEc:nip:nipewp:3/2009.

    Full description at Econpapers || Download paper

  41. The Macroeconomic Effects of Fiscal Policy in Portugal: a Bayesian SVAR Analysis. (2009). Sousa, Ricardo ; Afonso, Antonio.
    In: Working Papers Department of Economics.
    RePEc:ise:isegwp:wp92009.

    Full description at Econpapers || Download paper

  42. Fiscal Behaviour in the European Union: Rules, Fiscal Decentralization and Government Indebtedness. (2009). Afonso, Antonio ; Hauptmeier, Sebastian.
    In: Working Papers Department of Economics.
    RePEc:ise:isegwp:wp232009.

    Full description at Econpapers || Download paper

  43. Assessing Long-Term Fiscal Developments: a New Approach. (2009). Sousa, Ricardo ; Furceri, Davide ; Agnello, Luca ; Afonso, Antonio.
    In: Working Papers Department of Economics.
    RePEc:ise:isegwp:wp192009.

    Full description at Econpapers || Download paper

  44. The macroeconomic effects of fiscal policy. (2009). Sousa, Ricardo ; Afonso, Antonio.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:2009991.

    Full description at Econpapers || Download paper

  45. Fiscal Policy in the European Monetary Union. (2009). Shiamptanis, Christos ; Daniel, Betty.
    In: Working Papers.
    RePEc:cyb:wpaper:2009-1.

    Full description at Econpapers || Download paper

  46. Fiscal Policy in the European Monetary Union. (2008). Shiamptanis, Christos ; Daniel, Betty.
    In: Discussion Papers.
    RePEc:nya:albaec:08-11.

    Full description at Econpapers || Download paper

  47. The Macroeconomic Effects of Fiscal Policy. (2008). Sousa, Ricardo ; Afonso, Antonio.
    In: NIPE Working Papers.
    RePEc:nip:nipewp:22/2008.

    Full description at Econpapers || Download paper

  48. The Macroeconomic Effects of Fiscal Policy. (2008). Sousa, Ricardo ; Afonso, Antonio.
    In: Working Papers Department of Economics.
    RePEc:ise:isegwp:wp562008.

    Full description at Econpapers || Download paper

  49. Fiscal Policy Throughout the Business Cycle: The Colombian Experience. (2007). Toro-Córdoba, Jorge Hernán ; Lozano-Espitia, Ignacio.
    In: Revista ESPE - Ensayos Sobre Política Económica.
    RePEc:col:000107:004645.

    Full description at Econpapers || Download paper

  50. Sustainability of fiscal policy in the EU-15. (2006). .
    In: ifo DICE Report.
    RePEc:ces:ifodic:v:4:y:2006:i:1:p:34-38.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-09-23 08:21:33 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.