The portfolio theory of inflation (and policy effectiveness)
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- Biagio Bossone, 2021. "Why MMT can’t work," International Journal of Economic Policy Studies, Springer, vol. 15(1), pages 157-181, February.
- Vukovic, Darko B. & Maiti, Moinak & Frömmel, Michael, 2022. "Inflation and portfolio selection," Finance Research Letters, Elsevier, vol. 50(C).
- Biagio Bossone, 2021. "Global Capital, the Exchange Rate, and Policy (In)Effectiveness," Working Papers PKWP2113, Post Keynesian Economics Society (PKES).
- Biagio Bossone, 2024. "Keynesian Policy Space in "Globalized" Economies," Working Papers PKWP2405, Post Keynesian Economics Society (PKES).
- Bossone, Biagio & Cuccia, Andrea, 2020. "The portfolio theory of inflation and policy (in)effectiveness revisited: Corroborating evidence," Economics Discussion Papers 2020-2, Kiel Institute for the World Economy (IfW Kiel).
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More about this item
Keywords
credibility; exchange rate; financial integration; global investor; interest rate; intertemporal budget constraint; money; bonds and assets; pass-through;All these keywords.
JEL classification:
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates
- E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
- F31 - International Economics - - International Finance - - - Foreign Exchange
- G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
- H3 - Public Economics - - Fiscal Policies and Behavior of Economic Agents
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2019-04-22 (Central Banking)
- NEP-MAC-2019-04-22 (Macroeconomics)
- NEP-MON-2019-04-22 (Monetary Economics)
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