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There have been attempts to resurrect the fiscal theory of the price revel (FTPL). The original FTPL rests on a …
Persistent link: https://www.econbiz.de/10011731847
The Fiscal Theory of the Price Level (FTPL) rejects the fundamental 'Ricardian' proposition, that the government budget …
Persistent link: https://www.econbiz.de/10013321192
This paper argues that the 'fiscal theory of the price level' (FTPL) is fallacious. The source of the fallacy is an … constraint theory of the price level', which is perhaps more readily recognised as a nonsense …
Persistent link: https://www.econbiz.de/10014125878
The Fiscal Theory of the Price Level (FTPL) rejects the fundamental 'Ricardian' proposition, that the government budget …
Persistent link: https://www.econbiz.de/10009781580
Persistent link: https://www.econbiz.de/10001600515
Persistent link: https://www.econbiz.de/10001687379
The Fiscal Theory of the Price Level (FTPL) rejects the fundamental 'Ricardian' proposition, that the government budget …
Persistent link: https://www.econbiz.de/10001491117
Persistent link: https://www.econbiz.de/10001432419
or unsound argument'. The 'fiscal theory of the price level', recently re-developed by Woodford, Cochrane, Sims and … proponents of the fiscal theory of the price level do not accept the fundamental proposition that the government's intertemporal …. Policy conclusions could be drawn from the fiscal theory of the price level that would be harmful if they influenced the …
Persistent link: https://www.econbiz.de/10012471482
or unsound argument'. The 'fiscal theory of the price level', recently re-developed by Woodford, Cochrane, Sims and … proponents of the fiscal theory of the price level do not accept the fundamental proposition that the government's intertemporal …. Policy conclusions could be drawn from the fiscal theory of the price level that would be harmful if they influenced the …
Persistent link: https://www.econbiz.de/10013223568