Volume 14, Issue 3 June 2018

Opening remarks

Abstract

Ladies and gentlemen, dear guests, I wish you a good morning. It is my pleasure to welcome you to the conference on “The Interplay between Monetary Policy and Fiscal Policy” hosted by the Czech National Bank. Before I give the floor to the distinguished speakers, let me first make a few remarks that will set the stage for the upcoming presentations and discussions.

Authors

  • Jiří Rusnok
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Other papers in this issue

Sovereign Default and Monetary Policy Tradeoffs

Huixin Bi and Eric M. Leeper and Campbell Leith

Pitfalls of Coordination?

Sergey Slobodyan

Welfare Effects of Tax Policy in Open Economies: Stabilization and Cooperation

Jinill Kim and Sunghyun Kim

Optimal Monetary Policy and Fiscal Policy Interaction in a Non-Ricardian Economy

Massimiliano Rigon and Francesco Zanetti

Independent Central Banks and the Interplay between Monetary and Fiscal Policy

Athanasios Orphanides

Introduction

Fiscal Consolidation in a Low-Inflation Environment: Pay Cuts versus Lost Jobs

Guilherme Bandeira and Evi Pappa and Rana Sajedi and Eugenia Vella

Labor Tax Reforms, Cross-Country Coordination, and the Monetary Policy Stance in the Euro Area: A Structural Model-Based Approach

Pascal Jacquinot and Matija Lozej and Massimiliano Pisani

Monetary and Fiscal Policy Interactions and the Labor Market

Frank Smets

Tracking Monetary-Fiscal Interactions across Time and Space

Michal Franta and Jan Libich and Petr Stehlík

Should the ECB Coordinate EMU Fiscal Policies

Tatiana Kirsanova and Celsa Machado and Ana Paula Ribeiro