Construct · 1 fields · 1 citations

active and passive policy regimes: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Macroeconomics

a classification of monetary and fiscal policy rules by whether each responds to stabilize debt or inflation, which governs equilibrium determinacy.

In macroeconomics, active and passive policy regimes refers to a classification of monetary and fiscal policy rules by whether each responds to stabilize debt or inflation, which governs equilibrium determinacy. This meaning comes from Leeper (1991) in Journal of Monetary Economics.[1]

Unit
Recovery means
Measured by

Run it through the Collider, or take the citations with you.

See how active and passive policy regimes sits against neighbouring constructs in the Collider, or export every reference on this page in one click.

Open in Collider Export BibTeX Report this entry

Nearby constructs

debt3 fields · 3 citationsjingle · one word, three carriers equilibrium4 fields · 4 citationsjingle · one word, four constructs inflation3 fields · 4 citationsjingle · one word, three constructs

References

Leeper, E. M. (1991). Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies. Journal of Monetary Economics, 27(1), 129-147. https://doi.org/10.1016/0304-3932(91)90007-b

Cited on this page?

Confirm your construct, or correct us.

If your work is cited behind one of these entries, you know better than we do whether we captured the meaning right. Confirm it, suggest an edit, or dispute it, and your name goes on the entry as an author who has checked it, linked to your ORCID.

Claim your construct