A requiem for the fiscal theory of the price level

The Fiscal Theory of the Price Level (FTPL) is the claim that, in a popular class of theoretical models, the price level is sometimes determined by fiscal policy rather than monetary policy. The models where this claim has been established assume that all decisions are made by an infinitely-lived re...

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Библиографическая информация
Главный автор: Farmer, Roger E. A.
Другие авторы: Zabczyk, Pawel
Формат: Электронная книга
Язык:English
Публикация: [Washington, D.C.] International Monetary Fund, [2019]
Серии:IMF working paper ; WP/19/219.
Предметы:
Online-ссылка:EBSCOhost
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