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A frictionless view of US inflation

Cochrane, John H. - 1998

Persistent link: https://www.econbiz.de/10000671749

Long-term debt and optimal policy in the fiscal theory of the price level

Cochrane, John H. - 1998

Persistent link: https://www.econbiz.de/10000679943

A frictionless view of US inflation

Cochrane, John H. - In: NBER macroeconomics annual 13 (1998), pp. 323-384

Persistent link: https://www.econbiz.de/10001392915

Stepping on a rake : the fiscal theory of monetary policy

Cochrane, John H. - In: European economic review : EER 101 (2018), pp. 354-375

Persistent link: https://www.econbiz.de/10011975404

The value of government debt

Cochrane, John H. - 2019

Persistent link: https://www.econbiz.de/10012062935

The value of government debt

Cochrane, John H. - 2019

Persistent link: https://www.econbiz.de/10012102621

Stepping on a rake : replication and diagnosis

Cochrane, John H. - 2016

Persistent link: https://www.econbiz.de/10011608125

Understanding policy in the great recession : some unpleasant fiscal arithmetic

Cochrane, John H. - 2010

Persistent link: https://www.econbiz.de/10003982643

Understanding policy in the great recession: some unpleasant fiscal arithmetic

Cochrane, John H. - In: European economic review : EER 55 (2011) 1, pp. 2-30

Persistent link: https://www.econbiz.de/10009129846

Long-term Debt and Optimal Policy in the Fiscal Theory of the Price Level

Cochrane, John H. - 1998

The fiscal theory says that the price level is determined by the ratio of nominal debt to the present value of real primary surpluses. I analyze long-term debt and optimal policy in the fiscal theory. I find that the maturity structure of the debt matters. For example, it determines whether news...

Persistent link: https://www.econbiz.de/10012472043