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Inflation and the Fiscal Limit
Davig, Troy - 2010
levels by increasing taxes, so either an adjustment to fiscal spending or monetary policy must occur to stabilize debt. We …
Persistent link: https://www.econbiz.de/10012462162
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Quantitative Effects of Fiscal Foresight
Leeper, Eric M. - 2010
--government spending and changes in tax policy--and map the news processes into standard DSGE models. We identify news concerning taxes …
Persistent link: https://www.econbiz.de/10012462293
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Fiscal Foresight : Analytics and Econometrics
Leeper, Eric M. - 2008
econometrician's information sets in estimated VARs. Economically meaningful shocks to taxes, therefore, cannot be extracted from …
Persistent link: https://www.econbiz.de/10012464619
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Fiscal Policy and Inflation : Pondering the Imponderables
Leeper, Eric M. - 2003
An asset-pricing perspective on inflation reveals that it depends on current and expected monetary and fiscal policies. There are three ways to carry $1 today into the future: money, bonds, and real assets. That dollar's purchasing power varies inversely with the price level. Expected money...
Persistent link: https://www.econbiz.de/10012469197