PPS and EU Regional Price Level Problem
نویسندگان
چکیده
منابع مشابه
Disturbing the Fiscal Theory of the Price Level: Can It Fit the Eu-15? (*)
With the fiscal theory of the price level (FTPL), Leeper-Sims-Woodford (LSW) argued that the government budget constraint plays a key role in determining the price level. Indeed, there could even be a dispute vis-à-vis the role of monetary policy in the formation of the price level. Apart from several theoretical criticisms, also addressed in the discussion given in this paper, the attempts to ...
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ژورنال
عنوان ژورنال: The Open Political Science Journal
سال: 2011
ISSN: 1874-9496
DOI: 10.2174/1874949601104010001