Showing 1 - 10 of 923
Persistent link: https://www.econbiz.de/10015070235
Persistent link: https://www.econbiz.de/10013262657
Persistent link: https://www.econbiz.de/10014365550
Persistent link: https://www.econbiz.de/10014431642
Persistent link: https://www.econbiz.de/10014235033
Persistent link: https://www.econbiz.de/10012216060
Persistent link: https://www.econbiz.de/10014383638
Persistent link: https://www.econbiz.de/10013382332
Persistent link: https://www.econbiz.de/10014557898
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