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A monetary-fiscal theory of sudden inflations
Bassetto, Marco; Miller, David S. - 2022
This paper posits an information channel as the explanation for sudden inflations. Consumers saving via nominal government bonds face a choice whether to acquire costly information about future government surpluses. They trade off the cost of acquiring information about the surpluses that back...
Persistent link: https://www.econbiz.de/10013472118
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A Requiem for the Fiscal Theory of the Price Level
Farmer, Roger - 2019
The Fiscal Theory of the Price Level (FTPL) is the claim that, in a popular class of theoretical models, the price …
Persistent link: https://www.econbiz.de/10012859850
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The fallacy of the fiscal theory of the price level, again
Buiter, Willem H. - 2001
Persistent link: https://www.econbiz.de/10001600515
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The fiscal theory of the price level : a critique
Buiter, Willem H. - In: The economic journal : the journal of the Royal … 112 (2002), pp. 459-480
Persistent link: https://www.econbiz.de/10001687379
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The fallacy of the fiscal theory of the price level, again
Buiter, Willem H. - 2000
The Fiscal Theory of the Price Level (FTPL) rejects the fundamental 'Ricardian' proposition, that the government budget …
Persistent link: https://www.econbiz.de/10001491117
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The fallacy of the fiscal theory of the price level
Buiter, Willem H. - 1999
Persistent link: https://www.econbiz.de/10001432419
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The Fallacy of the Fiscal Theory of the Price Level
Buiter, Willem H. - 1999
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
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The Fallacy of the Fiscal Theory of the Price Level
Buiter, Willem H. - 2021
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
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The fallacy of the fiscal theory of the price level - once more
Buiter, Willem H. - 2017
Persistent link: https://www.econbiz.de/10011655027
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The fallacy of the fiscal theory of the price level
Buiter, Willem H. - 1999
Persistent link: https://www.econbiz.de/10013422833