Détermination du niveau des prix et finances publiques: le cas du Liban, 1965 – 2005

Hassan Ayoub, Jerome Creel and Etienne Farvaque

Revue d’économie du développement, 2008, vol. 16, issue 3, 115-141

Abstract: The fiscal theory of the price level makes a distinction between two kinds of policy-making regimes : a Ricardian and a non-Ricardian one. We analyse here the conditions under which these regimes can apply to different periods, some of them being troubled periods, in a given economy. The case of Lebanon, which has successively gone through periods of prosperity, war and reconstruction, offers a case study for the fiscal theory of the price level, and shows its empirical relevance.

Keywords: general price level; inflation; monetary and fiscal policies; public debt; nominal anchor; war economy (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=EDD_223_0115 (application/pdf)
http://www.cairn.info/revue-d-economie-du-developpement-2008-3-page-115.htm (text/html)
free

Related works:
Working Paper: Détermination du niveau des prix et finances publiques: le cas du Liban, 1965-2005 (2008)
Working Paper: Détermination du niveau des prix et finances publiques: le cas du Liban, 1965- 2005 (2008)
Working Paper: Détermination du niveau des prix et finances publiques: le cas du Liban, 1965-2005 (2008)
Working Paper: Détermination du niveau des prix et finances publiques: le cas du Liban, 1965- 2005 (2008)
Working Paper: Détermination du niveau des prix et finances publiques: le cas du Liban, 1965-2005 (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cai:edddbu:edd_223_0115

Access Statistics for this article

More articles in Revue d’économie du développement from De Boeck Université Contact information at EDIRC.
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().