fiscal theory of the price level

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:associatedWith gptkb:Thomas_Sargent
gptkb:Eric_Leeper
gptkb:John_H._Cochrane
gptkb:Christopher_Sims
gptkbp:citation gptkb:Handbook_of_Macroeconomics
gptkbp:contrastsWith gptkb:monetarist_theory
quantity theory of money
gptkbp:developedBy 1990s
gptkbp:field macroeconomics
gptkbp:focusesOn gptkb:economic_policy
gptkb:government
price level determination
government budget constraint
https://www.w3.org/2000/01/rdf-schema#label fiscal theory of the price level
gptkbp:influenced modern macroeconomic policy debates
gptkbp:proposedBy price level is determined by government fiscal policy
gptkbp:publishedIn gptkb:Journal_of_Economic_Theory
gptkbp:relatedTo Ricardian equivalence
non-Ricardian regime
gptkbp:state price level adjusts to ensure government solvency
gptkbp:bfsParent gptkb:John_C._Cochrane
gptkbp:bfsLayer 6