分享论文
Stabilization vs. Redistribution: The optimalof Monetarymonetary-fiscal mix(JournalEconomics, Florin O.Bilbiie，Tommaso MonacelliRoberto Perotti，2024)
分享人
李佳鑫（中国经济与管理研究院，博士生）
论文摘要
Stabilization and redistribution are intertwinedin a model with heterogeneity, imperfect insurance,and nominal rigidity-making fiscal and monetarypolicy inextricably linked for aggregate-demandmanagement. Movements in inequality induced byfiscal transfers make the flexible-price equilibriumsuboptimal, thus triggering a stabilization vsredistribution tradeoff. Likewise, changes ingovernment spendingthat are associated withchanges in the distribution of taxes (progressive vs.regressive)induce a tradeoff for monetary policythe central bank cannot stabilize real activity at its(includingefficientlevelandinsurancesimultaneously avoid inflation. Fiscal policy can beused in conjunction to monetary policy to strike theoptimal balance between stabilization and insurance(redistribution) motives.
时间
2025年4月24日（周四），19:00-21:00
地点
学术会堂712
主持人/点评老师
王忏（金融学院）
赵军柱（创新发展学院中国经济与管理研究院）
活动对象
创新发展学院、金融学院学生
人数规模
30人
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
撰稿：李佳鑫
审稿：赵军柱
编辑：沈嘉怡
审核：王颖
