Interactions Post-war U.S.(Traum & Yang)

“Monetary and Fiscal Policy Interactions in the Post-war U.S.” by Nora Traum and Shu-Chun S. Yang. “A New Keynesian model allowing for an active monetary and passive fiscal policy (AMPF) regime and a passive monetary and active fiscal policy (PMAF) regime is fit to various U.S. samples from 1955 to 2007.” See: