Understanding the Fiscal Theory of the Price Level

Lawrence J. Christiano & Terry J. Fitzgerald
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.

  • Lawrence 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

Related

Topics

Macroeconomics
Monetary Policy

Programs

Economic Fluctuations and Growth

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