Search Results - subject:"fiscal inflation"

The effects of monetary policy shocks on inflation : the role of backed and unbacked public debt in a monetary and fiscal policy regime mix

Liu, Guangling; Matola, Marrium Mustapher - 2025

Persistent link: https://www.econbiz.de/10015199742

On the mechanics of fiscal inflations

Bassetto, Marco; Benzoni, Luca; Hall, Jason - 2024

The goal of this paper is twofold. First, we wish to better explain the relationship between Sargent and Wallace's (1981) unpleasant monetarist arithmetic, the closely connected fiscal theory of the price level (FTPL), and the monetarist view of inflation. Second, we discuss how the recent...

Persistent link: https://www.econbiz.de/10015054274

On the mechanics of fiscal inflations

Bassetto, Marco; Benzoni, Luca; Hall, Jason - 2024

Persistent link: https://www.econbiz.de/10014634111

Default Risk on Government Bonds, Deflation, and Inflation

Oguro, Kazumasa; Sato, Motohiro - Center for Intergenerational Studies, Institute of … - 2012

periods of deflation. This paper also addresses the impact of fiscal inflation (i.e., monetizing all parts of the GB’s default … using monetary policy). We calculate the expected fiscal inflation when the default rate in the event of fiscal … consolidation is raised. The fiscal inflation may be extremely high if the extent of the required tax increase in fiscal …

Persistent link: https://www.econbiz.de/10009492961

10th Annual Macroeconomic Research Workshop at MNB: Fiscal Rebalancing, Public Debt, and its National and Global implications

Rabitsch, Katrin - In: MNB Bulletin 7 (2012) 1, pp. 18-26

On September 15-16, 2011 the annual Macroeconomics Research Workshop took place at Magyar Nemzeti Bank, Budapest, celebrating its 10th year of existence, out of which it was organized jointly with the CEPR for the 4th time. The workshop's title and main theme was ‘Fiscal Rebalancing, Public...

Persistent link: https://www.econbiz.de/10010543489

Local fiscal inflation in France : an unexpected consequence of the growing importance of metropolitan areas ? (In French)

THOMAS, Olivier - Groupement de Recherches Économiques et Sociales (GRES) - 2007

France has entailed an increase in local taxes and tax burden. Although a part of this fiscal inflation can be attributed to …

Persistent link: https://www.econbiz.de/10005395068