Who Controls the Price Level?

Oya Safinaz Erdogdu ()

Macroeconomics from EconWPA

Abstract: Under the guidance of monetarist theory and the issue of dominance, this study is a survey of a rapidly growing literature on Fiscal Theory of Price Level, which opens up new horizons in a non –Ricardian world and questions the effectiveness of monetary policy on price level determination.

Keywords: inflation; price level; FTPL; non Ricardian (search for similar items in EconPapers)
JEL-codes: E31 (search for similar items in EconPapers)
Date: 2003-04-28
Note: Type of Document - MSWord/PDF; prepared on PC ; to print on any printer; pages: 21 ; figures: included

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http://129.3.20.41/eps/mac/papers/0304/0304012.pdf (application/pdf)

Related works:
Working Paper: Who Controls the Price Level? (2003)
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpma:0304012

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