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Local determinacy in incomplete-markets models
Hagedorn, Marcus - 2023
Persistent link: https://www.econbiz.de/10014431642
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The failed theory of the price level
Hagedorn, Marcus - 2024
The Fiscal Theory of the Price Level (FTPL) is a promise to obtain price level determinacy even if the nominal interest rate is constant. The idea is that a unique current price level ensures that the present value government budget constraint holds. I establish that this idea hinges on the...
Persistent link: https://www.econbiz.de/10014464269
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The subjective inflation expectations of households and firms : measurement, determinants, and implications
Weber, Michael; D'Acunto, Francesco; Gorodnichenko, Yuriy; … - 2022
Persistent link: https://www.econbiz.de/10013269793
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Liability-creating versus non-liability creating fiscal stabilization policies : ricardian equivalence, fiscal stabilization, and EMU
Bayoumi, Tamim A.; Masson, Paul R. - 1998
Persistent link: https://www.econbiz.de/10000680176
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Mr Ricardo's great adventure : estimating fiscal multipliers in a truly intertemporal model
Bayoumi, Tamim A.; Sgherri, Silvia - 2006
Persistent link: https://www.econbiz.de/10003379888
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Do fiscal multipliers depend on fiscal positions?
Huidrom, Raju; Kose, M. Ayhan; Lim, Jamus Jerome; … - 2016
Persistent link: https://www.econbiz.de/10011521684
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Economic and politico-economic equivalence
Gonzalez-Eiras, Martín; Niepelt, Dirk - 2012
Persistent link: https://www.econbiz.de/10009679684
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Do Fiscal Multipliers Depend on Fiscal Positions?
Huidrom, Raju - 2016
Ricardian channel through which households reduce consumption in anticipation of future fiscal adjustments …
Persistent link: https://www.econbiz.de/10012245833
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Why do fiscal multipliers depend on fiscal positions?
Huidrom, Raju; Kose, M. Ayhan; Lim, Jamus Jerome; … - 2019
reduce consumption in anticipation of future fiscal adjustments when fiscal stimulus is implemented from a weak fiscal …
Persistent link: https://www.econbiz.de/10012008266
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Why do fiscal multipliers depend on fiscal positions?
Huidrom, Raju; Kose, M. Ayhan; Lim, Jamus Jerome; … - 2019
Persistent link: https://www.econbiz.de/10012131558