Dr Xiaoshan Chen's Outputs (2)

Evaluating Fiscal Policy Reforms using the Fiscal Frontier (2023)
Preprint / Working Paper
Chen, X., Leith, C., & Ricci, M. (2023). Evaluating Fiscal Policy Reforms using the Fiscal Frontier

We develop a Fiscal Frontier which traces out the maximum government debt level that can be sustained at a given welfare cost.
Through duality, the intertemporal policy mix underpinning the Frontier mirrors standard Ramsey policy and defines an uppe... Read More about Evaluating Fiscal Policy Reforms using the Fiscal Frontier.

Debt Targets and Fiscal Consolidation in a two-country HANK model for the Euro Area (2023)
Preprint / Working Paper
Chen, X., Lazarakis, S., & Varthalitis, P. Debt Targets and Fiscal Consolidation in a two-country HANK model for the Euro Area