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Hagedorn, Marcus - 2024

The Fiscal Theory of the Price Level (FTPL) is a promise to obtain price level determinacy even if the nominal interest … incomplete markets models or the mechanics of the Fiscal Theory of the Price Level. …

Persistent link: https://www.econbiz.de/10014464269

Explaining the fical theory of the price level

Kocherlakota, Narayana Rao; Phelan, Christopher - In: Federal Reserve Bank of Minneapolis quarterly review 23 (1999) 4, pp. 14-23

Persistent link: https://www.econbiz.de/10001496358

Price-level determinacy without control of a monetary aggregate

Woodford, Michael - In: Carnegie Rochester conference series on public policy : … 43 (1995), pp. 1-46

Persistent link: https://www.econbiz.de/10001203384

The Fiscal Theory of the Price Level in Non-Ricardian Economy

Aloui, Rym - 2018

The Fiscal Theory of the Price Level (FTPL) is an important theory that recognizes the interaction between monetary and …

Persistent link: https://www.econbiz.de/10012909388

Consumers' updating, policy shocks and public debt : an empirical assessment of state dependencies

Geiger, Martin; Zachariadis, Marios - 2021

In dieser Studie werden die Effekte von Geld- und Fiskalpolitik auf Konsumentenerwartungen in Szenarien von hohem und niedrigem öffentlichen Schuldenstand empirisch untersucht. In Reaktion auf einen Anstieg der Staatsausgaben steigen Konsumpläne bei niedrigem, fallen jedoch bei hohem...

Persistent link: https://www.econbiz.de/10012806623

Endogenously (non-)Ricardian beliefs

Branch, William A.; Gasteiger, Emanuel - 2019

This paper develops a theory of endogenously (non-)Ricardian beliefs. That is, whether Ricardian Equivalence holds in ….) multiple equilibria exist where the economy can coordinate on Ricardian or non-Ricardian equilibria. The theory suggests a …

Persistent link: https://www.econbiz.de/10011988962