Is the Fiscal Theory of the Price Level Learnable?
收藏NBER2003-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w9961
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资源简介：
This paper presents a prototype model for development of the fiscal theory of the price level.' In this simple setting, the fiscal theory's distinctiveness relies upon adoption of a bubble solution, rather than the rational-expectations fundamentals solution. The paper then shows that the fiscal
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美国国家经济研究局创建时间：
2003-09-01
