The objective of this paper is to consider the cooperative game between the central bank
and the government in the case of a non-euro country in the European Union or another …

The interaction between fiscal and monetary policy is analyzed by means of a game theory
approach. The coordination between these two policies is essential, since decisions taken …

This paper presents a model of fiscal dominance with borrowing constraints and provides
new evidence for a large number of Sub-Saharan African countries on the relative …

The paper presents a model of fiscal dominance with borrowing constraints, and provides
evidence for a large number of sub-Saharan African countries on the relative importance of …

The aim of this paper is to analyze the dynamic interaction between monetary and fiscal
policies in Indonesia for the period of 1999-2010. First, we propose the reaction function …

This study explored the nature of fiscal and monetary policy coordination and its impact on
long-run sustainability in Kenya. The study employed annual time series data from 1963 to …

O objetivo deste estudo é verificar se existe dominância fiscal ou monetária na economia
brasileira no período pós-Plano Real. Investiga-se a relação de equilíbrio de longo prazo e …

This paper aims to derive an optimal monetary policy rule in a context of fiscal disequilibrium
and to empirically test whether Brazil presents active or passive fiscal and monetary policies …

Тaking into account the specific features of the Macedonian economy, as a small, open
economy with a fixed exchange rate, the goal of this research is to contribute to the …

In this article, we use a recursive VAR model to study the macroeconomic effects of fiscal
and monetary policies in Macedonia as well as their interactions during 2000–2014. The …