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Long-Term Debt and Optimal Policy in the Fiscal Theory of the Price Level
Cochrane, John H. - 2021
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 …
Persistent link: https://www.econbiz.de/10013220940
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Optimal monetary policy rules in the fiscal theory of the price level
Chafwehé, Boris; De Beauffort, Charles; Oikonomou, Rigas - 2022
Persistent link: https://www.econbiz.de/10013202854
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Liquidity Premiums on Government Debt and the Fiscal Theory of the Price Level
Berentsen, Aleksander - 2019
rate on bonds. In equilibrium, the price level is determined according to the fiscal theory of the price level. However …
Persistent link: https://www.econbiz.de/10013210474
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The macroeconomic impact of monetary-fiscal policy in a "fiscal dominance" world
Jia, Pengfei - In: Macroeconomic dynamics 24 (2020) 3, pp. 670-707
Persistent link: https://www.econbiz.de/10012241002
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New Chicago views on inflation control : the Neo-Fisherian approach and the fiscal theory of the price level
Spahn, Peter - In: Credit and capital markets : Kredit und Kapital 52 (2018) 1, pp. 69-87
Persistent link: https://www.econbiz.de/10012111382
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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 …
Persistent link: https://www.econbiz.de/10012472043
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Comments on "the fiscal theory of the price level in a world with low interest rates," by M. Bassetto and W. Cui
Williamson, Stephen D. - In: Journal of economic dynamics & control 89 (2018), pp. 23-25
Persistent link: https://www.econbiz.de/10011973949
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Liquidity premiums on government debt and the fiscal theory of the price level
Berentsen, Aleksander; Waller, Christopher - In: Journal of economic dynamics & control 89 (2018), pp. 173-182
Persistent link: https://www.econbiz.de/10011974009
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Long-Term Debt and Optimal Policy in the Fiscal Theory of the Price Level
Cochrane, John H. - 2009
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 …
Persistent link: https://www.econbiz.de/10014147212
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A fiscal theory of monetary policy with partially-repaid long-term debt
Cochrane, John H. - In: Review of economic dynamics 45 (2022), pp. 1-21
Persistent link: https://www.econbiz.de/10013346983