Browsing LIF-SAFE Working Papers by Author "Bursian, Dirk"

Now showing items 1-4 of 4

    • Optimal Policy and Taylor Rule Cross-Checking Under Parameter Uncertainty 

      Bursian, Dirk; Roth, Markus (2013-09-26)
      We examine whether the robustifying nature of Taylor rule cross-checking under model uncertainty carries over to the case of parameter uncertainty. Adjusting monetary policy based on this kind of cross-checking can improve ...

    • Trust in Government and Fiscal Adjustments 

      Bursian, Dirk; Weichenrieder, Alfons J.; Zimmer, Jochen (2013-06-04)
      The paper looks at the determinants of fiscal adjustments as reflected in the primary surplus of countries. Our conjecture is that governments will usually find it more attractive to pursue fiscal adjustments in a situation ...

    • Trust in the Monetary Authority 

      Bursian, Dirk; Faia, Ester (2013-07-01)
      Trust in policy makers fluctuates significantly over the cycle and affects the transmission mechanism. Despite this it is absent from the literature. We build a monetary model embedding trust cycles; the latter emerge as ...

    • Trust Me! I am a European Central Banker 

      Bursian, Dirk; Fürth, Sven (2012-06-01)
      In the aftermath of the financial crisis, the ECB has experienced an unprecedented deterioration in the level of trust. This raises the question as to what factors determine trust in central banking. We use a unique ...