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Who Controls the Price Level?

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Author Info
Oya S. Erdogdu (Ankara University)

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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.

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File URL: http://129.3.20.41/eps/mac/papers/0304/0304012.pdf
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Publisher Info
Paper provided by EconWPA in its series Macroeconomics with number 0304012.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 21 pages
Date of creation: 28 Apr 2003
Date of revision:
Handle: RePEc:wpa:wuwpma:0304012

Note: Type of Document - MSWord/PDF; prepared on PC ; to print on any printer; pages: 21 ; figures: included
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Web page: http://129.3.20.41

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Related research
Keywords: inflation; price level; FTPL; non Ricardian;

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Find related papers by JEL classification:
E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

This paper has been announced in the following NEP Reports:

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This page was last updated on 2009-11-30.

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