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041 _afre
042 _adc
100 1 0 _aAyoub, Hassan
_eauthor
700 1 0 _a Creel, Jérôme
_eauthor
700 1 0 _a Farvaque, Étienne
_eauthor
245 0 0 _aPrice Level Determination and Public Finances: The Case of Lebanon (1965–2005)
260 _c2008.
500 _a32
520 _aThe fiscal theory of the price level makes a distinction between two kinds of policy-making regimes: a Ricardian and a non-Ricardian regime. We analyze here the conditions under which these regimes can apply in a given economy to different periods, some of which are troubled periods. The case of Lebanon, which has gone through successive periods of prosperity, war, and reconstruction, offers a case study for the fiscal theory of the price level, and demonstrates its empirical relevance.
690 _ainflation
690 _anominal anchor
690 _ageneral price level
690 _amonetary and fiscal policies
690 _apublic debt
690 _awar economy
786 0 _nRevue d’économie du développement | 16 | 3 | 2008-11-20 | p. 115-141 | 1245-4060
856 4 1 _uhttps://shs.cairn.info/journal-revue-d-economie-du-developpement-2008-3-page-115?lang=en&redirect-ssocas=7080
999 _c470436
_d470436