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

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Publication:6604776
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DOI10.1016/J.JET.2024.105885zbMATH Open1544.91218MaRDI QIDQ6604776FDOQ6604776


Authors: Jean Barthélemy, Eric Mengus, Guillaume Plantin Edit this on Wikidata


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

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


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
  • Long-Term Debt and Optimal Policy in the Fiscal Theory of the Price Level
  • The Fiscal Myth 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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