The Fiscal Theory of the Price Level
Author
Abstract
Suggested Citation
DOI: 10.1111/1475-4932.12768
Download full text from publisher
References listed on IDEAS
- Thomas J. Sargent & Neil Wallace, 1984.
"Some Unpleasant Monetarist Arithmetic,"
Palgrave Macmillan Books, in: Brian Griffiths & Geoffrey E. Wood (ed.), Monetarism in the United Kingdom, pages 15-41,
Palgrave Macmillan.
- Thomas J. Sargent & Neil Wallace, 1981. "Some unpleasant monetarist arithmetic," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 5(Fall).
- Sims, Christopher A, 1994. "A Simple Model for Study of the Determination of the Price Level and the Interaction of Monetary and Fiscal Policy," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 4(3), pages 381-399.
- Cochrane, John H, 2001.
"Long-Term Debt and Optimal Policy in the Fiscal Theory of the Price Level,"
Econometrica, Econometric Society, vol. 69(1), pages 69-116, January.
- John H. Cochrane, 1998. "Long-term Debt and Optimal Policy in the Fiscal Theory of the Price Level," NBER Working Papers 6771, National Bureau of Economic Research, Inc.
- John H. Cochrane, 1998. "Long-term Debt and Optimal Policy in the Fiscal Theory of the Price Level," CRSP working papers 478, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
- Buiter, Willem H. & Sibert, Anne C., 2018.
"The fallacy of the fiscal theory of the price level: One last time,"
Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 12, pages 1-56.
- Buiter, Willem H. & Sibert, Anne C., 2017. "The fallacy of the fiscal theory of the price level - one last time," Economics Discussion Papers 2017-84, Kiel Institute for the World Economy (IfW Kiel).
- Willem H. Buiter, 2002. "The Fiscal Theory Of The Price Level: A Critique," Economic Journal, Royal Economic Society, vol. 112(481), pages 459-480, July.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Buiter, Willem H. & Sibert, Anne C., 2018.
"The fallacy of the fiscal theory of the price level: One last time,"
Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 12, pages 1-56.
- Buiter, Willem H. & Sibert, Anne C., 2017. "The fallacy of the fiscal theory of the price level - one last time," Economics Discussion Papers 2017-84, Kiel Institute for the World Economy (IfW Kiel).
- Bajo-Rubio, Oscar & Díaz-Roldán, Carmen & Esteve, Vicente, 2014.
"Deficit sustainability, and monetary versus fiscal dominance: The case of Spain, 1850–2000,"
Journal of Policy Modeling, Elsevier, vol. 36(5), pages 924-937.
- Oscar Bajo-Rubio & Carmen Díaz-Roldán & Vicente Esteve, 2010. "Government deficit sustainability, and monetary versus fiscal dominance: The case of Spain, 1850-2000," Working Papers 10-04, Asociación Española de Economía y Finanzas Internacionales.
- Oscar Bajo-Rubio & Carmen Díaz-Roldán & Vicente Esteve, 2014. "Government deficit sustainability, and monetary versus fiscal dominance:the case of Spain, 1850-2000," Working Papers 09/14, Instituto Universitario de Análisis Económico y Social.
- Oscar Bajo-Rubio & Carmen Díaz-Roldán & Vicente Esteve, 2014. "Government Deficit Sustainability, And Monetary Versus Fiscal Dominance: The Case Of Spain, 1850-2000," Working Papers 1408, Department of Applied Economics II, Universidad de Valencia.
- Creel, Jerome & Bihan, Herve Le, 2006.
"Using structural balance data to test the fiscal theory of the price level: Some international evidence,"
Journal of Macroeconomics, Elsevier, vol. 28(2), pages 338-360, June.
- Jérôme Creel & Hervé Le Bihan, 2006. "Using Structural Balance Data to Test the Fiscal Theory of the Price Level: Some International Evidence," SciencePo Working papers Main hal-01065036, HAL.
- Jérôme Creel & Hervé Le Bihan, 2006. "Using Structural Balance Data to Test the Fiscal Theory of the Price Level: Some International Evidence," Post-Print hal-01065036, HAL.
- Willem Buiter, 2004. "A Small Corner of Intertemporal Public Finance - New Developments in Monetary Economics: 2 Ghosts, 2 Eccentricities, A Fallacy, A Mirage and A Mythos," NBER Working Papers 10524, National Bureau of Economic Research, Inc.
- Barthélemy, Jean & Mengus, Eric & Plantin, Guillaume, 2024.
"The central bank, the treasury, or the market: Which one determines the price level?,"
Journal of Economic Theory, Elsevier, vol. 220(C).
- Mengus, Eric & Barthélemy, Jean & Plantin, Guillaume, 2021. "The Central Bank, the Treasury, or the Market: Which One Determines the Price Level?," CEPR Discussion Papers 16679, C.E.P.R. Discussion Papers.
- Guillaume Plantin & Eric Mengus & Jean Barthelemy, 2022. "The Central Bank, the Treasury, or the Market: Which One Determines the Price Level?," Working Papers hal-03792094, HAL.
- Barthélemy, Jean & Mengus, Eric & Plantin, Guillaume, 2022. "The Central Bank, the Treasury, or the Market: Which One Determines the Price Level?," CEPR Discussion Papers 17407, C.E.P.R. Discussion Papers.
- Jean Barthélemy & Eric Mengus & Guillaume Plantin, 2021. "The Central Bank, the Treasury, or the Market: Which One Determines the Price Level?," Working papers 855, Banque de France.
- Guillaume Plantin & Eric Mengus & Jean Barthelemy, 2022. "The Central Bank, the Treasury, or the Market: Which One Determines the Price Level?," SciencePo Working papers Main hal-03792094, HAL.
- Harashima, Taiji, 2007. "Hyperinflation, disinflation, deflation, etc.: A unified and micro-founded explanation for inflation," MPRA Paper 3836, University Library of Munich, Germany.
- Bajo-Rubio, Oscar & Díaz-Roldán, Carmen & Esteve, Vicente, 2009.
"Deficit sustainability and inflation in EMU: An analysis from the Fiscal Theory of the Price Level,"
European Journal of Political Economy, Elsevier, vol. 25(4), pages 525-539, December.
- Oscar Bajo-Rubio & Carmen Díaz-Roldán & Vicente Esteve, 2007. "Deficit sustainability and inflation in EMU: An analysis from the fiscal theory of the price level," Working Papers 07-01, Asociación Española de Economía y Finanzas Internacionales.
- Gliksberg, Baruch, "undated". "Solving Boundary Value Problems in the Fiscal Theory of the Price Level," Working Papers WP2013/2, University of Haifa, Department of Economics.
- Plantin, Guillaume & Barthélemy, Jean & Mengus, Eric, 2019.
"Public Liquidity Demand and Central Bank Independence,"
CEPR Discussion Papers
14160, C.E.P.R. Discussion Papers.
- Jean Barthélemy & Eric Mengus & Guillaume Plantin, 2020. "Public Liquidity Demand and Central Bank Independence," Working papers 747, Banque de France.
- Fan, Jingwen & Minford, Patrick & Ou, Zhirong, 2016.
"The role of fiscal policy in Britain's Great Inflation,"
Economic Modelling, Elsevier, vol. 58(C), pages 203-218.
- Fan, Jingwen & Minford, Patrick & Ou, Zhirong, 2014. "The role of Fiscal policy in Britain s Great Inflation," Cardiff Economics Working Papers E2014/20, Cardiff University, Cardiff Business School, Economics Section.
- Minford, Patrick & Ou, Zhirong & Fan, Jingwen, 2014. "The role of fiscal policy in Britain's Great Inflation," CEPR Discussion Papers 10240, C.E.P.R. Discussion Papers.
- Buiter, Willem, 2017. "The Fallacy of the Fiscal Theory of the Price Level - Once More," CEPR Discussion Papers 11941, C.E.P.R. Discussion Papers.
- Leeper, E.M. & Leith, C., 2016. "Understanding Inflation as a Joint Monetary–Fiscal Phenomenon," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 2305-2415, Elsevier.
- Canzoneri, Matthew & Cumby, Robert & Diba, Behzad, 2010. "The Interaction Between Monetary and Fiscal Policy," Handbook of Monetary Economics, in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 17, pages 935-999, Elsevier.
- Jakob Korbinian Eberl, 2016. "The Collateral Framework of the Eurosystem and Its Fiscal Implications," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 69.
- Buiter, Willem, 2017. "The Good and the Bad Fiscal Theory of the Price Level," CEPR Discussion Papers 11975, C.E.P.R. Discussion Papers.
- da Silva, Cleomar Gomes & Vieira, Flávio Vilela, 2017. "Monetary and fiscal policy in advanced and developing countries: An analysis before and after the financial crisis," The Quarterly Review of Economics and Finance, Elsevier, vol. 63(C), pages 13-20.
- Harashima, Taiji, 2019.
"A Theory of Inflation: The Law of Motion for Inflation under the MDC-based Procedure,"
MPRA Paper
94100, University Library of Munich, Germany.
- Harashima, Taiji, 2019. "A Theory of Inflation: The Law of Motion for Inflation under the MDC-based Procedure," MPRA Paper 113161, University Library of Munich, Germany.
- Afonso, António & Gonçalves, Luis, 2020.
"The policy mix in the US and EMU: Evidence from a SVAR analysis,"
The North American Journal of Economics and Finance, Elsevier, vol. 51(C).
- António Afonso & Luís Gonçalves, 2018. "The Policy Mix in the US and EMU: Evidence from a SVAR Analysis," Working Papers REM 2018/28, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
- McMahon, Michael & Peiris, M. Udara & Polemarchakis, Herakles, 2018. "Perils of unconventional monetary policy," Journal of Economic Dynamics and Control, Elsevier, vol. 93(C), pages 92-114.
- Harashima, Taiji, 2008. "A Microfounded Mechanism of Observed Substantial Inflation Persistence," MPRA Paper 10668, University Library of Munich, Germany.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:ecorec:v:99:y:2023:i:327:p:568-572. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/esausea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.