BLANCHETON, Bertrand; BORDES, Christian; SENEGAS, … - Groupement de Recherches Économiques et Sociales (GRES); … - 2003
In this paper, we try to investigate the rationale for using the Fiscal Theory of the Price Level (FTPL) as a relevant theoretical framework for analysing French and German monetary experiences in the Interwar period. This approach involves considering the evolution of public debt as the main...