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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| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2019.
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| coleção: | IMF Working Papers; Working Paper ;
No. 2019/219 |
| Acesso em linha: | Full text available on IMF |