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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Farmer, Roger
Tác giả khác: Zabczyk, Pawel
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2019.
Loạt:IMF Working Papers; Working Paper ; No. 2019/219
Truy cập trực tuyến:Full text available on IMF