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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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Designing monetary and fiscal policy rules in a new Keynesian model with rule-of-thumb consumers
Rossi, Raffaele - In: Macroeconomic dynamics 18 (2014) 2, pp. 395-417
Persistent link: https://www.econbiz.de/10010356806
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Consumers' updating, policy shocks, and public debt : an empirical assessment of state dependencies
Geiger, Martin; Zachariadis, Marios - In: Macroeconomic dynamics 26 (2022) 8, pp. 2104-2140
Persistent link: https://www.econbiz.de/10013469789
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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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The fiscal theory of the price level puzzle : a non-Ricardian view
Bénassy, Jean-Pascal - In: Macroeconomic dynamics 12 (2008), pp. 31-44
Persistent link: https://www.econbiz.de/10003868056
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Debt stabilization in a non-ricardian economy
Leith, Campbell B.; Moldovan, Ioana R.; Wren-Lewis, Simon - In: Macroeconomic dynamics 23 (2019) 6, pp. 2509-2543
Persistent link: https://www.econbiz.de/10012127355
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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
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Fiscal policy and the real exchange rate
Chatterjee, Santanu; Mursagulov, Azer - In: Macroeconomic dynamics 20 (2016) 7, pp. 1742-1770
Persistent link: https://www.econbiz.de/10011623517
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The Covid-19 crisis and consumption : survey evidence from six EU countries
Christelis, Dimitris; Georgarakos, Dimitris; Jappelli, … - 2020
Persistent link: https://www.econbiz.de/10012387714