Review of the Fiscal Theory of the Price Level

Niwa, Hidekazu

Review of the Fiscal Theory of the Price Level

Niwa, Hidekazu

OSIPP Discussion Paper, 2022, DP-2022-E-002, 1-20

アクセス数:69件（2025-05-19 23:43 集計）

固定URL: https://hdl.handle.net/11094/87634

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タイトル	Review of the Fiscal Theory of the Price Level
著者	著者名 Niwa, Hidekazu
キーワード等	Fiscal Theory of the Price Level
	Fiscal-Monetary Interaction
	Government Solvency
抄録	This study reviews the fiscal theory of the price level (FTPL). Our goal is to briefly explain the following three points. First, how is an equilibrium determined in a simple model where prices are perfectly flexible and only one?period government bonds? Second, what is the intuition for equilibrium determination? Third, how does introducing long-term bonds or nominal price rigidities change results in the simplest case?
出版者	Osaka School of International Public Policy, Osaka University
収録物名	OSIPP Discussion Paper
巻(号)	DP-2022-E-002
ページ	1-20
刊行年月	2022-04-25
言語	英語
ハンドルURL	https://hdl.handle.net/11094/87634
関連情報 (references)	URI http://www.osipp.osaka-u.ac.jp/archives/DP/2022/DP2022E002.pdf
アクセス権	metadata only access
カテゴリ	ディスカッション／ワーキング・ペーパー DP/WP
カテゴリ	OSIPP Discussion Paper

資源タイプ	テクニカルレポート
ローカル資源タイプ	ディスカッション／ワーキング・ペーパー
DCMI資源タイプ	text
DCTERMS.bibliographicCitation	OSIPP Discussion Paper. 2022, DP-2022-E-002, p. 1-20
DC.title	Review of the Fiscal Theory of the Price Level
DC.creator	Niwa, Hidekazu
DC.publisher	Osaka School of International Public Policy, Osaka University
DC.language' scheme='DCTERMS.RFC1766	英語
DC.type' scheme='DCTERMS.DCMIType	text
DCTERMS.issued' scheme='DCTERMS.W3CDTF	2022-04-25
DC.relation' scheme='DCTERMS.URI	http://www.osipp.osaka-u.ac.jp/archives/DP/2022/DP2022E002.pdf
DC.subject	Fiscal Theory of the Price Level
	Fiscal-Monetary Interaction
	Government Solvency
DCTERMS.abstract	This study reviews the fiscal theory of the price level (FTPL). Our goal is to briefly explain the following three points. First, how is an equilibrium determined in a simple model where prices are perfectly flexible and only one?period government bonds? Second, what is the intuition for equilibrium determination? Third, how does introducing long-term bonds or nominal price rigidities change results in the simplest case?
DC.format	87634
citation_title	Review of the Fiscal Theory of the Price Level
citation_author	Niwa, Hidekazu
citation_publisher	Osaka School of International Public Policy, Osaka University
citation_language	英語
citation_date	2022-04-25
citation_journal_title	OSIPP Discussion Paper
citation_volume	DP-2022-E-002
citation_firstpage	1
citation_lastpage	20
citation_public_url	https://hdl.handle.net/11094/87634
citation_abstract_html_url	http://www.osipp.osaka-u.ac.jp/archives/DP/2022/DP2022E002.pdf

Review of the Fiscal Theory of the Price Level

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