1.研讨论文
Optimal Monetary and Fiscal Policy in A Currency Union (Journal of International Economics. Galí and Monacelli. 2008)
2.主讲人
王忏(金融学院副教授)
3.论文简介
We lay out a tractable model for the analysis of optimal monetary and fiscal policy in a currency union. The monetary authority sets a common interest rate for the union, whereas fiscal policy is implemented at the country level, through the choice of government spending. In the presence of country-specific shocks and nominal rigidities, the policy mix that is optimal from the viewpoint of the union as a whole requires that inflation be stabilized at the union level by the common central bank, whereas fiscal policy has a country-specific stabilization role, one beyond the efficient provision of public goods.
4.时间
8月10日18:30-21:30
5.地点
学术会堂712
6.主持人/点评老师
王忏(金融学院),明洋(创新发展学院中国经济与管理研究院)
7.活动对象
创新发展学院、金融学院学生
8.人数规模
30人
9.主办单位
创新发展学院中国经济与管理研究院、金融学院联合主办