{"title":"Quarterly Fiscal Policy","authors":"D. Kendrick, H. Amman","doi":"10.1515/EV-2013-0034","DOIUrl":null,"url":null,"abstract":"Abstract Monetary policy is altered once a month. Fiscal policy is altered once a year. As a potential improvement this article examines the use of feedback control rules for fiscal policy that is altered quarterly. Following the work of Blinder and Orszag, modifications are discussed in Congressional practice and institutions that would facilitate this change.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"11 1","pages":"12 - 7"},"PeriodicalIF":0.4000,"publicationDate":"2014-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1515/EV-2013-0034","citationCount":"7","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economists Voice","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1515/EV-2013-0034","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 7
Abstract
Abstract Monetary policy is altered once a month. Fiscal policy is altered once a year. As a potential improvement this article examines the use of feedback control rules for fiscal policy that is altered quarterly. Following the work of Blinder and Orszag, modifications are discussed in Congressional practice and institutions that would facilitate this change.
期刊介绍:
This journal is a non-partisan forum for economists to present innovative policy ideas or engaging commentary on the issues of the day. Readers include professional economists, lawyers, policy analysts, policymakers, and students of economics. Articles are short, 600-2000 words, and are intended to contain deeper analysis than is found on the Op-Ed page of the Wall Street Journal or New York Times, but to be of comparable general interest. We welcome submitted Columns from any professional economist. Letters to the editor are encouraged and may comment on any Column or Letter. Letters must be less than 300 words.