The central bank, the treasury, or the market: which one determines the price level?

DOI10.1016/j.jet.2024.105885zbMATH Open1544.91218MaRDI QIDQ6604776

Eric Mengus, Guillaume Plantin, Jean Barthélemy

Publication date: 13 September 2024

Published in: Journal of Economic Theory (Search for Journal in Brave)

zbMATH Keywords

game of chickenfiscal-monetary interactions

Mathematics Subject Classification ID

Noncooperative games (91A10) Macroeconomic theory (monetary models, models of taxation) (91B64)

Cites Work

• Credible public policy
• Monetary policy and price level determinacy in a cash-in-advance economy
• A simple model for study of the determination of the price level and the interaction of monetary and fiscal policy
• The Fiscal Myth of the Price Level
• Long-Term Debt and Optimal Policy in the Fiscal Theory of the Price Level
• A Game-Theoretic View of the Fiscal Theory of the Price Level
• A Fiscal Theory of Persistent Inflation

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