Add to ORKGWe develop the theory of price-level determination in a range of models using both ad hoc policy rules and jointly optimal monetary and fiscal policies and discuss empirical issues that arise when trying to identify monetary-fiscal regime. The article concludes with directions in which theoretical and empirical developments may go
In the last few years papers have begun to analyse optimal monetary and fiscal policy in models inco...
This paper analyzes the implications of a balanced-budget fiscal policy rule for price-level determi...
Can monetary policy control inflation when both monetary and fiscal policies change over time? When ...
We develop the theory of price-level determination in a range of models using both ad hoc policy ru...
The fiscal theory of the price level (FTPL) describes fiscal and monetary policy rules such that the...
Price-level determination requires co-ordination of monetary and fiscal policy to ensure a unique ra...
In the fiscal theory of the price level, inflation and debt dynamics are determined jointly. We deri...
In the last few years papers have begun to analyse optimal monetary and fiscal policy in models inco...
In the fiscal theory of the price level, inflation and debt dynamics are determined jointly. We deri...
During the past several years, a striking body of literature has appeared in which it is argued that...
This paper considers the role for monetary policy in a regime in which the “Fiscal Theory of the Pri...
This paper argues that the Fiscal Theory of the Price Level (FTPL) is most usefully viewed as a theo...
This paper examines the relationship between fiscal variables and inflation for 46 countries from 19...
This paper shows that price level indeterminacy in monetary models with multiple equilibria can be s...
This Working Paper should not be reported as representing the views of the IMF. The views expressed ...
In the last few years papers have begun to analyse optimal monetary and fiscal policy in models inco...
This paper analyzes the implications of a balanced-budget fiscal policy rule for price-level determi...
Can monetary policy control inflation when both monetary and fiscal policies change over time? When ...
We develop the theory of price-level determination in a range of models using both ad hoc policy ru...
The fiscal theory of the price level (FTPL) describes fiscal and monetary policy rules such that the...
Price-level determination requires co-ordination of monetary and fiscal policy to ensure a unique ra...
In the fiscal theory of the price level, inflation and debt dynamics are determined jointly. We deri...
In the last few years papers have begun to analyse optimal monetary and fiscal policy in models inco...
In the fiscal theory of the price level, inflation and debt dynamics are determined jointly. We deri...
During the past several years, a striking body of literature has appeared in which it is argued that...
This paper considers the role for monetary policy in a regime in which the “Fiscal Theory of the Pri...
This paper argues that the Fiscal Theory of the Price Level (FTPL) is most usefully viewed as a theo...
This paper examines the relationship between fiscal variables and inflation for 46 countries from 19...
This paper shows that price level indeterminacy in monetary models with multiple equilibria can be s...
This Working Paper should not be reported as representing the views of the IMF. The views expressed ...
In the last few years papers have begun to analyse optimal monetary and fiscal policy in models inco...
This paper analyzes the implications of a balanced-budget fiscal policy rule for price-level determi...
Can monetary policy control inflation when both monetary and fiscal policies change over time? When ...