What happened to UK inflation in the 1970s? This column presents new research interpreting the period as an example of the "fiscal theory of the price level". As predicted by the theory, inflation followed a random walk
Why is inflation so much lower and at the same time more stable in developed economies in the 1990s,...
This paper estimates a variety of models of inflation using quarterly data for the UK between 1965 a...
According to the fiscal theory of the price level (FTPL), the interactions between monetary and fisc...
We investigate whether the Fiscal Theory of the Price Level can deliver a reasonable explanation for...
We investigate whether the Fiscal Theory of the Price Level can explain UK inflation in the 1970s. W...
We investigate whether the Fiscal Theory of the Price Level can explain UK inflation in the 1970s. W...
We investigate whether the Fiscal Theory of the Price Level (FTPL) can explain UK inflation in the 1...
We investigate whether the Fiscal Theory of the Price Level (FTPL) can explain UK inflation in the 1...
We investigate whether the Fiscal Theory of the Price Level (FTPL) can explain UK in ation in the 19...
ABSTRACT. The inflation of the 1970’s in the US is often discussed as if the only type of policy act...
This paper examines the effects of various structural shocks in the passive monetary-active fiscal r...
UK inflation has varied greatly in response to many economic policy and exchange-rate regime shifts,...
The fiscal theory of the price level has recently received important attention as an alternative the...
The volatile data for inflation, output, and interest rates in the United Kingdom prior to the 1990s...
The UKs stagflation in the 1970s is decomposed into its causative factors, using the Liverpool ratio...
Why is inflation so much lower and at the same time more stable in developed economies in the 1990s,...
This paper estimates a variety of models of inflation using quarterly data for the UK between 1965 a...
According to the fiscal theory of the price level (FTPL), the interactions between monetary and fisc...
We investigate whether the Fiscal Theory of the Price Level can deliver a reasonable explanation for...
We investigate whether the Fiscal Theory of the Price Level can explain UK inflation in the 1970s. W...
We investigate whether the Fiscal Theory of the Price Level can explain UK inflation in the 1970s. W...
We investigate whether the Fiscal Theory of the Price Level (FTPL) can explain UK inflation in the 1...
We investigate whether the Fiscal Theory of the Price Level (FTPL) can explain UK inflation in the 1...
We investigate whether the Fiscal Theory of the Price Level (FTPL) can explain UK in ation in the 19...
ABSTRACT. The inflation of the 1970’s in the US is often discussed as if the only type of policy act...
This paper examines the effects of various structural shocks in the passive monetary-active fiscal r...
UK inflation has varied greatly in response to many economic policy and exchange-rate regime shifts,...
The fiscal theory of the price level has recently received important attention as an alternative the...
The volatile data for inflation, output, and interest rates in the United Kingdom prior to the 1990s...
The UKs stagflation in the 1970s is decomposed into its causative factors, using the Liverpool ratio...
Why is inflation so much lower and at the same time more stable in developed economies in the 1990s,...
This paper estimates a variety of models of inflation using quarterly data for the UK between 1965 a...
According to the fiscal theory of the price level (FTPL), the interactions between monetary and fisc...