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A central equation for the fiscal theory of the price level (FTPL) is the government budget constraint (or \government …
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A central equation for the fiscal theory of the price level (FTPL) is the government budget constraint (or “government …
Persistent link: https://www.econbiz.de/10012929186
A central equation for the fiscal theory of the price level (FTPL) is the government budget constraint (or "government …
Persistent link: https://www.econbiz.de/10012942155
attention for the Fiscal Theory of the Price Level (FTPL). This theoretical framework for fiscally induced inflation is well …
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The fiscal theory of the price level (FTPL) solves puzzles raised by standard monetary theories. FTPL is forward …
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liabilities differ, rebalancing the maturity structure changes the government cost of capital. In the fiscal theory, changes in …
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