Understanding the Fiscal Theory of the Price Level
Working Paper 7668
DOI 10.3386/w7668
Issue Date
We review the fiscal theory of the price level. We place special emphasis on the theory's implications for the feasibility of price stability.
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Copy CitationLawrence J. Christiano and Terry J. Fitzgerald, "Understanding the Fiscal Theory of the Price Level," NBER Working Paper 7668 (2000), https://doi.org/10.3386/w7668.
Published Versions
Christiano, Lawrence J. and Terry J. Fitzgerald. "Understanding The Fiscal Theory Of The Price Level," FRB Cleveland - Economic Review, 2000, v36(2,Qtr-2), 2-37. citation courtesy of 
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