Browsing Arbeidsnotater / Working Papers by Subject "price level determinacy"
Now showing items 1-1 of 1
-
Is the Price Level in Norway Determined by Fiscal Policy?
(Working Papers;5/2005, Working paper, 2005)The Norwegian public sector has net financial assets. The fiscal theory of price determination applies equally to Norway and economies with net public debt: If primary surpluses evolve independently of nominal debt (or ...