Who Controls the Price Level?

Under the guidance of different theories and the problem of dominance and activeness, this study gives a survey of the rapidly growing literature on Fiscal Theory of Price Level, which opens up new horizons in a non–Ricardian world and questions the effectiveness of monetary policy on price level determination.

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Year of publication:	2003-04-28
Authors:	Erdogdu, Oya S.
Institutions:	EconWPA
Subject:	inflation \| FTPL \| non-Ricardian

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Extent:	application/pdf
Series:	Macroeconomics.
Type of publication:	Book / Working Paper
Notes:	Type of Document - MSWord/PDF; prepared on PC; to print on any printer; pages: 21 ; figures: included 21 pages
Classification:	E31 - Price Level; Inflation; Deflation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005076798