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Language: en
Pages: 585
Pages: 585
Type: BOOK - Published: 2023-01-17 - Publisher: Princeton University Press
A comprehensive account of how government deficits and debt drive inflation Where do inflation and deflation ultimately come from? The fiscal theory of the pric
Language: en
Pages: 584
Pages: 584
Type: BOOK - Published: 2023-01-17 - Publisher: Princeton University Press
"Inflation, in which all prices and wages in an economy rise, is mysterious. If a war breaks out in the Middle East, and the price of oil goes up, the mechanism
Language: en
Pages: 84
Pages: 84
Type: BOOK - Published: 1999 - Publisher:
It is not common for an entire scholarly literature to be based on a fallacy, that is, 'on faulty reasoning; misleading or unsound argument'. The 'fiscal theory
Language: en
Pages: 64
Pages: 64
Type: BOOK - Published: 2021-11-29 - Publisher: CFA Institute Research Foundation
The fiscal theory of the price level (FTPL) provides an update and revision of monetary theory to address puzzles raised by the failure of both the new Keynesia
Language: en
Pages: 197
Pages: 197
Type: BOOK - Published: 2018-12-02 - Publisher: Pickle Partners Publishing
IN TRADITIONAL economics the theory of money and the theory of output have been treated separately with little or no tendency toward integration. First Wicksell