Search Results - subject:"Fiscal theory of the Price Level"

Price Level Determinacy and Monetary Policy under a Balanced-Budget Requirement

Schmitt-Grohe, Stephanie; Uribe, Martin - Department of Economics, Rutgers University-New Brunswick - 1998

of the price level, it becomes clear that a key consideration for price-level determination is whether fiscal policy is …-budget rules that allow for bounded secondary surpluses or deficits. Comparing our results to those emphasized in the fiscal theory …

Persistent link: https://www.econbiz.de/10005800410

Compatibility Between Monetary and Fiscal Policy Under EMU

leith, Campbell; Wren-Lewis, Simon - Department of Economics, Adam Smith Business School

(1998), under the heading of the ‘Fiscal Theory of the Price Level’ (FTPL). Some authors have suggested that this theory …

Persistent link: https://www.econbiz.de/10005729948

Interactions Between Monetary and Fiscal Policy under Flexible Exchange Rates

Leith, Campbell; Wren-Lewis, Simon - Department of Economics, Adam Smith Business School

(1995), under the heading of the ‘Fiscal Theory of the Price Level’ (FTPL). Applications of this theory to open economies …

Persistent link: https://www.econbiz.de/10005729954

Strategic Interactions between Monetary and fiscal Policies : a case study for the European Stability Pact.

Creel, Jérôme - Université Paris-Dauphine

model is a macroeconomic version of the Fiscal Theory of the Price Level. We introduce an asymmetry in fiscal policies: one …

Persistent link: https://www.econbiz.de/10008529694

The fiscal theory of the price level and sluggish inflation : how important shall the wealth effect be ?.

Creel, Jérôme; Sterdyniak, Henri - Université Paris-Dauphine

According to the fiscal theory of the price level (FTPL), the interactions between monetary and fiscal policies with …

Persistent link: https://www.econbiz.de/10008532496