The Fiscal Theory of Price Level and its impact on the Way Fiscal Monetary Interplay: Is it Inevitable in Algeria?
Zahaf Youcef () and
Chibi Abderrahim
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Zahaf Youcef: University Centre of Maghnia
Chibi Abderrahim: University Centre of Maghnia
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Abstract:
Our study highlights the importance of the fiscal theory of price level, showing the role of FTPL in the interaction and coordination between monetary-fiscal policies under different economic regimes (ricardian and non-ricardian). Depending on analytic methodology, the main results show that the economics regime is an important determinant of the theory of price level and the coordination way between policies. Besides, in Algeria, it is inevitable to choose FTPL according to its economic capabilities.
Keywords: Fiscal theory price level ricardian regime non ricardian regime Algeria monetary fiscal interplay. JEL Classification Codes:E62 E63 H03 O23; Fiscal theory; price level; ricardian regime; non ricardian regime; Algeria; monetary fiscal interplay. (search for similar items in EconPapers)
Date: 2022-12-04
New Economics Papers: this item is included in nep-ara
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Published in International Journal of Economic Performance - المجلة الدولية للأداء الاقتصادي, 2022, 5 (2), https://www.asjp.cerist.dz/en/article/206517
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03905034
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