| Author (Corporate) | European Commission: DG Economic and Financial Affairs |
|---|---|
| Series Title | Economic Papers |
| Series Details | No.169, April 2002 |
| Publication Date | April 2002 |
| ISSN | 1016-8060 |
| Content Type | Journal | Series | Blog |
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The fiscal theory of the price level has challenged the conventional view of that monetary factors drive prices and exchange rates and has also provided a rationale for fiscal restrictions in a monetary union. This paper extends the main results of this theory in the context of an open monetary union model. |
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| Source Link | http://ec.europa.eu/economy_finance/publications/publication_summary1900_en.htm |
| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe |
