{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,1,9]],"date-time":"2026-01-09T14:55:56Z","timestamp":1767970556811,"version":"3.49.0"},"reference-count":38,"publisher":"Springer Science and Business Media LLC","issue":"1","license":[{"start":{"date-parts":[[2013,4,23]],"date-time":"2013-04-23T00:00:00Z","timestamp":1366675200000},"content-version":"tdm","delay-in-days":0,"URL":"http:\/\/www.springer.com\/tdm"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Ann Oper Res"],"published-print":{"date-parts":[[2013,7]]},"DOI":"10.1007\/s10479-013-1379-3","type":"journal-article","created":{"date-parts":[[2013,4,22]],"date-time":"2013-04-22T07:56:14Z","timestamp":1366617374000},"page":"341-366","source":"Crossref","is-referenced-by-count":24,"title":["Fiscal and monetary policy interactions: a game theory approach"],"prefix":"10.1007","volume":"206","author":[{"given":"Helton","family":"Saulo","sequence":"first","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Leandro C.","family":"R\u00eago","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Jose A.","family":"Divino","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"297","published-online":{"date-parts":[[2013,4,23]]},"reference":[{"key":"1379_CR1","doi-asserted-by":"crossref","first-page":"211","DOI":"10.2307\/2297617","volume":"52","author":"D. Backus","year":"1985","unstructured":"Backus, D., & Driffill, D. (1985). Rational expectations and policy credibility following a change in regime. Review of Economic Studies, 52, 211\u2013221.","journal-title":"Review of Economic Studies"},{"issue":"2","key":"1379_CR2","first-page":"103","volume":"63","author":"P. C. F. Barcelos Neto","year":"2009","unstructured":"Barcelos Neto, P. C. F., & Portugal, M. S. (2009). The natural rate of interest in Brazil between 1999 and\u00a02005. Revista Brasileira de Economia, 63(2), 103\u2013118.","journal-title":"Revista Brasileira de Economia"},{"key":"1379_CR3","doi-asserted-by":"crossref","first-page":"711","DOI":"10.1016\/0165-1889(94)00800-W","volume":"19","author":"R. Boucekkine","year":"1995","unstructured":"Boucekkine, R. (1995). An alternative methodology for solving nonlinear forward-looking variables. Journal of Economic Dynamics & Control, 19, 711\u2013734.","journal-title":"Journal of Economic Dynamics & Control"},{"key":"1379_CR4","doi-asserted-by":"crossref","first-page":"49","DOI":"10.1016\/0165-1765(82)90114-8","volume":"10","author":"W. H. Buiter","year":"1982","unstructured":"Buiter, W. H. (1982). Predetermined and non-predetermined variables in rational expectations models. Economics Letters, 10, 49\u201354.","journal-title":"Economics Letters"},{"key":"1379_CR5","doi-asserted-by":"crossref","DOI":"10.7551\/mitpress\/4760.001.0001","volume-title":"Money, interest and policy: dynamic general equilibrium in a non-Ricardian world","author":"J. P. B\u00e9nassy","year":"2007","unstructured":"B\u00e9nassy, J. P. (2007). Money, interest and policy: dynamic general equilibrium in a non-Ricardian world. Cambridge: MIT Press."},{"key":"1379_CR6","doi-asserted-by":"crossref","first-page":"383","DOI":"10.1016\/0304-3932(83)90060-0","volume":"12","author":"G. A. Calvo","year":"1983","unstructured":"Calvo, G. A. (1983). Staggered prices in a utility maximizing framework. Journal of Monetary Economics, 12, 383\u2013398.","journal-title":"Journal of Monetary Economics"},{"key":"1379_CR7","volume-title":"Proceedings of the 31st Brazilian economics meeting","author":"M. C. L. Cavallari","year":"2003","unstructured":"Cavallari, M. C. L. (2003). A coordena\u00e7\u00e3o das pol\u00edticas fiscal e monet\u00e1ria \u00f3timas. In Proceedings of the 31st Brazilian economics meeting."},{"key":"1379_CR8","doi-asserted-by":"crossref","first-page":"979","DOI":"10.1016\/S0165-1889(00)00064-6","volume":"25","author":"F. Collard","year":"2001","unstructured":"Collard, F., & Juillard, M. (2001a). Accuracy of stochastic perturbation methods: the case of asset pricing models. Journal of Economic Dynamics & Control, 25, 979\u2013999.","journal-title":"Journal of Economic Dynamics & Control"},{"key":"1379_CR9","doi-asserted-by":"crossref","first-page":"127","DOI":"10.1023\/A:1011624124377","volume":"17","author":"F. Collard","year":"2001","unstructured":"Collard, F., & Juillard, M. (2001b). A higher-order Taylor expansion approach to simulation of stochastic forward-looking models with and application to a non-linear Phillips curve. Computational Economics, 17, 127\u2013139.","journal-title":"Computational Economics"},{"key":"1379_CR10","series-title":"Centre for Dynamic Macroeconomic analysis working papers series","volume-title":"Optimal monetary policy rules from a timeless perspective","author":"T. Damjanovic","year":"2005","unstructured":"Damjanovic, T., Damjanovic, V., & Nolan, C. (2005). Optimal monetary policy rules from a timeless perspective. Centre for Dynamic Macroeconomic analysis working papers series."},{"key":"1379_CR11","doi-asserted-by":"crossref","first-page":"589","DOI":"10.1016\/S0014-2921(01)00105-2","volume":"45","author":"A. Dixit","year":"2001","unstructured":"Dixit, A. (2001). Games of monetary and fiscal interactions in the EMU. European Economic Review, 45, 589\u2013613.","journal-title":"European Economic Review"},{"key":"1379_CR12","unstructured":"Dixit, A., & Lambertini, L. (2000). Fiscal discretion destroys monetary commitment. Available at SSRN http:\/\/ssrn.com\/abstract=232654 ."},{"key":"1379_CR13","doi-asserted-by":"crossref","first-page":"1487","DOI":"10.1016\/S0165-1889(98)00023-2","volume":"22","author":"J. C. Engwerda","year":"1998","unstructured":"Engwerda, J. C. (1998). On the open-loop Nash equilibrium in LQ-games. Journal of Economic Dynamics & Control, 22, 1487\u20131506.","journal-title":"Journal of Economic Dynamics & Control"},{"key":"1379_CR14","doi-asserted-by":"crossref","first-page":"251","DOI":"10.1023\/A:1018986514858","volume":"88","author":"J. C. Engwerda","year":"1999","unstructured":"Engwerda, J. C., van Aarle, B., & Plasmans, J. (1999). The (in)finite horizon open-loop Nash LQ-game: an application to the EMU. Annals of Operations Research, 88, 251\u2013273.","journal-title":"Annals of Operations Research"},{"key":"1379_CR15","doi-asserted-by":"crossref","first-page":"451","DOI":"10.1016\/S0165-1889(00)00056-7","volume":"26","author":"J. C. Engwerda","year":"2002","unstructured":"Engwerda, J. C., van Aarle, B., & Plasmans, J. (2002). Cooperative and non-cooperative fiscal stabilization policies in the EMU. Journal of Economic Dynamics & Control, 26, 451\u2013481.","journal-title":"Journal of Economic Dynamics & Control"},{"key":"1379_CR16","doi-asserted-by":"crossref","first-page":"281","DOI":"10.1016\/j.jmacro.2003.11.005","volume":"26","author":"C. A. Favero","year":"2004","unstructured":"Favero, C. A. (2004). Comments on fiscal and monetary policy interactions: empirical evidence on optimal policy using a structural new-Keynesian model. Journal of Macroeconomics, 26, 281\u2013285.","journal-title":"Journal of Macroeconomics"},{"issue":"4","key":"1379_CR17","doi-asserted-by":"crossref","first-page":"657","DOI":"10.1590\/S0101-41612005000400003","volume":"35","author":"M. L. Fialho","year":"2005","unstructured":"Fialho, M. L., & Portugal, M. S. (2005). Monetary and fiscal policy interactions in Brazil: an application to the fiscal theory of the price level. Estudos Econ\u00f4micos, 35(4), 657\u2013685.","journal-title":"Estudos Econ\u00f4micos"},{"issue":"4","key":"1379_CR18","first-page":"659","volume":"12","author":"S. R. B. Gadelha","year":"2008","unstructured":"Gadelha, S. R. B., & Divino, J. A. (2008). Domin\u00e2ncia fiscal ou domin\u00e2ncia monet\u00e1ria no Brasil? uma an\u00e1lise de causalidade. Brazilian Journal of Applied Economics, 12(4), 659\u2013675.","journal-title":"Brazilian Journal of Applied Economics"},{"key":"1379_CR19","series-title":"NBER working paper series","volume-title":"Optimal interest-rate rules: I. General theory","author":"M. P. Giannoni","year":"2002","unstructured":"Giannoni, M. P., & Woodford, M. (2002a). NBER working paper series: Vol.\u00a09419. Optimal interest-rate rules: I. General theory."},{"key":"1379_CR20","series-title":"NBER working paper series","volume-title":"Optimal interest-rate rules: II. Applications","author":"M. P. Giannoni","year":"2002","unstructured":"Giannoni, M. P., & Woodford, M. (2002b). NBER working paper series: Vol.\u00a09420. Optimal interest-rate rules: II. Applications."},{"key":"1379_CR21","series-title":"Central Bank of Brazil working papers","volume-title":"Price rigidity in Brazil: evidence from CPI micro data","author":"S. Gouvea","year":"2007","unstructured":"Gouvea, S. (2007). Central Bank of Brazil working papers: Vol.\u00a0143. Price rigidity in Brazil: evidence from CPI micro data. Available at http:\/\/ideas.repec.org\/p\/bcb\/wpaper\/143.html ."},{"key":"1379_CR22","series-title":"CEPREMAP working papers (Couverture Orange)","volume-title":"Dynare: a program for the resolution and simulation of dynamic models with forward variables through the use of relaxation algorithm","author":"M. Juillard","year":"1996","unstructured":"Juillard, M. (1996). CEPREMAP working papers (Couverture Orange): Vol.\u00a09602. Dynare: a program for the resolution and simulation of dynamic models with forward variables through the use of relaxation algorithm. Available at http:\/\/ideas.repec.org\/p\/cpm\/cepmap\/9602.html ."},{"key":"1379_CR23","volume-title":"Computing optimal policy in a timeless-perspective: an application to a small-open economy","author":"M. Juillard","year":"2007","unstructured":"Juillard, M., & Pelgrin, F. (2007). Computing optimal policy in a timeless-perspective: an application to a small-open economy. Working papers, 07\u201332, Bank of Canada."},{"issue":"4","key":"1379_CR24","doi-asserted-by":"crossref","first-page":"532","DOI":"10.1093\/oxrep\/gri031","volume":"21","author":"T. Kirsanova","year":"2005","unstructured":"Kirsanova, T., Stehn, S. J., & Vines, D. (2005). The interactions between fiscal policy and monetary policy. Oxford Review of Economic Policy, 21(4), 532\u2013564.","journal-title":"Oxford Review of Economic Policy"},{"issue":"10","key":"1379_CR25","doi-asserted-by":"crossref","first-page":"1405","DOI":"10.1016\/S0165-1889(99)00045-7","volume":"24","author":"P. Klein","year":"2000","unstructured":"Klein, P. (2000). Using the generalized Schur form to solve a multivariate linear rational expectations model. Journal of Economic Dynamics & Control, 24(10), 1405\u20131423.","journal-title":"Journal of Economic Dynamics & Control"},{"key":"1379_CR26","doi-asserted-by":"crossref","first-page":"97","DOI":"10.2307\/20075774","volume":"17","author":"J. Laffargue","year":"1990","unstructured":"Laffargue, J. (1990). R\u00e9solution d\u2019un mod\u00e8le macro\u00e9conomique avec anticipations rationnelles. Annales d\u2019\u00c9conomie et de Statistique, 17, 97\u2013119.","journal-title":"Annales d\u2019\u00c9conomie et de Statistique"},{"key":"1379_CR27","volume-title":"Monetary and fiscal policy coordination and macroeconomic stabilization. A theoretical analysis","author":"L. Lambertini","year":"2003","unstructured":"Lambertini, L., & Rovelli, R. (2003). Monetary and fiscal policy coordination and macroeconomic stabilization. A theoretical analysis. Available at SSRN http:\/\/dx.doi.org\/10.2139\/ssrn.380322 ."},{"key":"1379_CR28","doi-asserted-by":"crossref","first-page":"257","DOI":"10.1016\/j.jmacro.2003.11.014","volume":"26","author":"V. Muscatelli","year":"2004","unstructured":"Muscatelli, V., Tirelli, P., & Trecroci, C. (2004). Fiscal and monetary policy interactions: empirical evidence and optimal policy using a structural new-Keynesian model. Journal of Macroeconomics, 26, 257\u2013280.","journal-title":"Journal of Macroeconomics"},{"key":"1379_CR29","doi-asserted-by":"crossref","first-page":"139","DOI":"10.2307\/2534656","volume":"2","author":"W. Nordhaus","year":"1994","unstructured":"Nordhaus, W. (1994). Policy games: coordination and independence in monetary and fiscal polices. Brookings Papers on Economic Activity, 2, 139\u2013216.","journal-title":"Brookings Papers on Economic Activity"},{"key":"1379_CR30","volume-title":"Proceedings of the 37th Brazilian economics meeting","author":"A. F. N. Nunes","year":"2009","unstructured":"Nunes, A. F. N., & Portugal, M. S. (2009). Active and passive fiscal and monetary policies: an analysis for Brazil after the inflation targeting regime. In Proceedings of the 37th Brazilian economics meeting."},{"key":"1379_CR31","unstructured":"Pires, M. C. C. (2008). Intera\u00e7\u00e3o entre pol\u00edtica monet\u00e1ria e fiscal no Brasil em modelos robustos a pequenas amostras. Ph.D. Dissertation, Department of Economics, Bras\u00edlia, University of Bras\u00edlia."},{"key":"1379_CR32","first-page":"389","volume":"44","author":"G. Tabellini","year":"1985","unstructured":"Tabellini, G. (1985). Rational expectations and policy credibility following a change in regime. Giornali degli Economisti e Annali di Economia, 44, 389\u2013425.","journal-title":"Giornali degli Economisti e Annali di Economia"},{"key":"1379_CR33","doi-asserted-by":"crossref","unstructured":"Tanner, E., & Ramos, A. M. (2002). Fiscal sustainability and monetary versus fiscal dominance: evidence from Brazil 1991\u20132000. IMF Working Paper, 02\/5.","DOI":"10.5089\/9781451842197.001"},{"key":"1379_CR34","doi-asserted-by":"crossref","first-page":"195","DOI":"10.1016\/0167-2231(93)90009-L","volume":"39","author":"J. Taylor","year":"1993","unstructured":"Taylor, J. (1993). Discretion versus policy rules in practice. Carnegie-Rochester Conference Series on Public Policy, 39, 195\u2013214.","journal-title":"Carnegie-Rochester Conference Series on Public Policy"},{"key":"1379_CR35","doi-asserted-by":"crossref","first-page":"229","DOI":"10.1023\/A:1016308420460","volume":"109","author":"B. Aarle Van","year":"2002","unstructured":"Van Aarle, B., Engwerda, J., & Plasmans, J. (2002). Monetary and fiscal policy interactions in the EMU: a\u00a0dynamic game approach. Annals of Operations Research, 109, 229\u2013264.","journal-title":"Annals of Operations Research"},{"key":"1379_CR36","volume-title":"Monetary theory and policy","author":"C. E. Walsh","year":"2003","unstructured":"Walsh, C. E. (2003). Monetary theory and policy. Cambridge: MIT Press."},{"key":"1379_CR37","series-title":"NBER Working paper series","doi-asserted-by":"crossref","DOI":"10.3386\/w7261","volume-title":"Optimal monetary policy inertia","author":"M. Woodford","year":"1999","unstructured":"Woodford, M. (1999). NBER Working paper series: Vol.\u00a07261. Optimal monetary policy inertia."},{"key":"1379_CR38","volume-title":"Interest and prices: foundations of a theory of monetary policy","author":"M. Woodford","year":"2003","unstructured":"Woodford, M. (2003). Interest and prices: foundations of a theory of monetary policy. Princeton: Princeton University Press."}],"container-title":["Annals of Operations Research"],"original-title":[],"language":"en","link":[{"URL":"http:\/\/link.springer.com\/content\/pdf\/10.1007\/s10479-013-1379-3.pdf","content-type":"application\/pdf","content-version":"vor","intended-application":"text-mining"},{"URL":"http:\/\/link.springer.com\/article\/10.1007\/s10479-013-1379-3\/fulltext.html","content-type":"text\/html","content-version":"vor","intended-application":"text-mining"},{"URL":"http:\/\/link.springer.com\/content\/pdf\/10.1007\/s10479-013-1379-3","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2020,7,25]],"date-time":"2020-07-25T18:24:50Z","timestamp":1595701490000},"score":1,"resource":{"primary":{"URL":"http:\/\/link.springer.com\/10.1007\/s10479-013-1379-3"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2013,4,23]]},"references-count":38,"journal-issue":{"issue":"1","published-print":{"date-parts":[[2013,7]]}},"alternative-id":["1379"],"URL":"https:\/\/doi.org\/10.1007\/s10479-013-1379-3","relation":{},"ISSN":["0254-5330","1572-9338"],"issn-type":[{"value":"0254-5330","type":"print"},{"value":"1572-9338","type":"electronic"}],"subject":[],"published":{"date-parts":[[2013,4,23]]}}}