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Monetary-Fiscal Policy Interactions and the Price Level: Background and Beyond

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NBER2005-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w11646
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The paper presents the fiscal theory of the price level in a variety of models, including endowment economies with lump-sum taxes and production economies with proportional income taxes. We offer a microeconomic perspective on the fiscal theory by computing a Slutsky-Hicks decomposition of the
创建时间:
2005-10-01
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