create a website

Discretionary Policy Interactions and the Fiscal Theory of the Price Level: A SVAR Analysis on French Data. (2005). Saraceno, Francesco ; Monperrus-Veroni, Paola ; Creel, Jerome.
In: Documents de Travail de l'OFCE.
RePEc:fce:doctra:0512.

Full description at Econpapers || Download paper

Cited: 8

Citations received by this document

Cites: 40

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Are Fiscal Multipliers Regime-Dependent? A Meta Regression Analysis. (2014). Rannenberg, Ansgar ; Gechert, Sebastian.
    In: IMK Working Paper.
    RePEc:imk:wpaper:139-2014.

    Full description at Econpapers || Download paper

  2. Can the Fiscal Theory of the price level explain UK inflation in the 1970s?. (2011). Minford, A. Patrick ; Fan, Jingwen.
    In: Cardiff Economics Working Papers.
    RePEc:cdf:wpaper:2009/26.

    Full description at Econpapers || Download paper

  3. The effects of fiscal shocks with debt-stabilizing budgetary policies in Italy. (2011). momigliano, sandro ; Caprioli, Francesco.
    In: Temi di discussione (Economic working papers).
    RePEc:bdi:wptemi:td_839_11.

    Full description at Econpapers || Download paper

  4. Politique budgétaire discrétionnaire en France: Les effets à court et à long terme. (2007). Saraceno, Francesco ; Creel, Jerome ; Veroni, Paola.
    In: Sciences Po publications.
    RePEc:spo:wpmain:info:hdl:2441/3244.

    Full description at Econpapers || Download paper

  5. Politique budgétaire discrétionnaire en France. (2007). Creel, Jerome ; Veroni, Paola ; Saraceno, Francesco.
    In: SciencePo Working papers Main.
    RePEc:hal:spmain:hal-03459628.

    Full description at Econpapers || Download paper

  6. Politique budgétaire discrétionnaire en France. (2007). Creel, Jerome ; Saraceno, Francesco ; Veroni, Paola.
    In: Post-Print.
    RePEc:hal:journl:hal-03459628.

    Full description at Econpapers || Download paper

  7. Estimating the impact of public investment in the united Kingdom : Has the Golden Rule of Public Finance Made a Difference ?. (2006). Saraceno, Francesco ; Creel, Jerome ; Veroni, Paola.
    In: Sciences Po publications.
    RePEc:spo:wpmain:info:hdl:2441/2681.

    Full description at Econpapers || Download paper

  8. Estimating the impact of public investment in the united Kingdom : Has the Golden Rule of Public Finance Made a Difference ?. (2006). Veroni, Paola ; Creel, Jerome ; Saraceno, Francesco.
    In: Sciences Po Economics Discussion Papers.
    RePEc:spo:wpecon:info:hdl:2441/2681.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Alesina, A. and R. Perotti (1995), Fiscal Expansions and Adjustments in OECD Countries, Economic Policy: A European Forum, 0(21), pp. 205-40.

  2. Barro, R. J. (1974), Are Government Bonds Net Wealth? Journal of Political Economy, 82(6), pp. 1095-117.

  3. Barro, R. J. and D. B. Gordon (1983), A Positive Theory of Monetary Policy in a Natural Rate Model, Journal of Political Economy, 91(4), pp. 589-610.

  4. Bernanke, B. S. (1986), Alternative Explanations of the Money-Income Correlation, Carnegie-Rochester Conference Series on Public Policy, 25, pp. 49-99.

  5. Biau, O. and E. Girard (forthcoming), Politique budgÃtaire et dynamique Ãconomique en France: lapproche VAR Structurel, Economie et PrÃvision. Blanchard, O. J. and R. Perotti (2002), An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output, Quarterly Journal of Economics, 117(4), pp. 1329-68.

  6. Blanchard, O. J. and D. Quah (1989), The Dynamic Effects of Aggregate Demand and Supply Disturbances, American Economic Review, 79(4), pp. 655-73.

  7. Blanchard, O. J. and M. Watson (1986), Are Business Cycles All Alike? in R. J. Gordon, (Ed.), The American business cycle : continuity and change, pp. xiv, 868, Chicago, University of Chicago Press.

  8. Burnside, C., M. Eichenbaum and J. D. M. Fisher (2004), Fiscal Shocks and Their Consequences, Journal of Economic Theory, 115(1), pp. 89-117.

  9. Canova, F. and E. Pappa (2003), Price Dispersions in Monetary Unions: The Role of Fiscal Shocks, C.E.P.R. Discussion Papers 3746, February.

  10. Canzoneri, M. B., R. E. Cumby and B. T. Diba (2001), Is the Price Level Determined by the Needs of Fiscal Solvency? American Economic Review, 91(5), pp. 1221-38.

  11. Creel, J. and H. Sterdyniak (1995), Les DÃficits Publics En Europe: Causes, ConsÃquences Ou RemÃdes à La Crise? Revue de lOFCE, 54, pp. 57-100.

  12. Creel, J. and H. Sterdyniak (2001), La theorie budgetaire du niveau des prix, un bilan critique. (The Fiscal Theory of the Price Level, a Critical Assessment. With English summary.), Revue dEconomie Politique, 111(6), pp. 909-39.

  13. Creel, J. and H. Sterdyniak (2002), The fiscal theory of the price level and sluggish inflation: how important shall the wealth effect be? Working Paper, OFCE, no.2002-01.

  14. Discussion Papers 3338, April. Niepelt D. (2004), The Fiscal Myth of the Price Level, Quarterly Journal of Economics, February, pp. 277-300.

  15. Edelberg, W., M. Eichenbaum and J. D. M. Fisher (1999), Understanding the Effects of a Shock to Government Purchases, Review of Economic Dynamics, 2(1), pp. 166-206.

  16. FatÃs, A. and I. Mihov (2001), The Effects of Fiscal Policy on Consumption and Employment: Theory and Evidence, C.E.P.R. Discussion Papers 2760, April.

  17. Fitoussi J.-P. and E. Phelps (1988), The Slump in Europe: Reconstructing Open Macroeconomic Theory, Blackwell.
    Paper not yet in RePEc: Add citation now
  18. Gali, J. and R. Perotti (2003), Fiscal Policy and Monetary Integration in Europe, Economic Policy, 0(37), pp. 533-64, 71-72.

  19. Giavazzi, F. and M. Pagano (1990), Can Severe Fiscal Contractions Be Expansionary? Tales of Two Small European Countries, in O. J. Blanchard and S. Fischer, (Eds.), NBER macroeconomics annual 1990, pp. 75-111, Cambridge, Mass. and London, MIT Press.

  20. Giavazzi, F., T. Jappelli and M. Pagano (2000), Searching for Non-linear Effects of Fiscal Policy: Evidence from Industrial and Developing Countries, European Economic Review, 44(7), pp. 1259-89.

  21. Giordani, P. (2004), An Alternative Explanation of the Price Puzzle, Journal of Monetary Economics, 51(6), pp. 1271-96.

  22. Giordano R., S. Momigliano, S. Neri and R. Perotti (2005), The Effects on the Economy of Shocks to Different Government Expenditures Items: Estimates with a SVAR Model, Paper presented at the 7th Workshop on Public Finance, Banca dItalia, Perugia, 31 March- 2 April.
    Paper not yet in RePEc: Add citation now
  23. Hanson, M. S. (2004), The Price Puzzle Reconsidered, Journal of Monetary Economics, 51(7), pp. 1385-413.

  24. Leeper, E. M. (1991), Equilibria under Active and Passive Monetary and Fiscal Policies, Journal of Monetary Economics, 27(1), pp. 129-47.

  25. Leith, C. and S. Wren-Lewis (2000), Interactions between Monetary and Fiscal Policy Rules, Economic Journal, 110(462), pp. 108.

  26. Llau P. (1996), Economie financiÃre publique, collection ThÃmis, Ãconomie, Paris: Presses universitaires de France.
    Paper not yet in RePEc: Add citation now
  27. Mohr M. (2002), On the Macroeconomic Impact of Fiscal Policy in Germany: Preliminary Results of a SVAR Approach, Paper presented at the 4th Workshop on Public Finance, Banca dItalia, Perugia, 21-23 March.
    Paper not yet in RePEc: Add citation now
  28. Mountford, A. and H. Uhlig (2002), What are the Effects of Fiscal Policy Shocks? C.E.P.R.

  29. Perotti, R. (2004), Estimating the Effects of Fiscal Policy in OECD Countries, IGIER Working Paper 276, December.

  30. Ramey, V. A. and M. D. Shapiro (1998), Costly capital reallocation and the effects of government spending, Carnegie-Rochester Conference Series on Public Policy, 48, pp.

  31. Rogoff, K. (1985), The Optimal Degree of Commitment to an Intermediate Monetary Target, Quarterly Journal of Economics, 100(4), pp. 1169-89.

  32. Sargent T.J. and N. Wallace (1981), Some Unpleasant Monetarist Arithmetic, FRB of Minneapolis Quarterly Review, vol. V, pp.1-17.
    Paper not yet in RePEc: Add citation now
  33. Shapiro, M. D. and J. Watson (1988), Sources of Business Cycle Fluctuations, Cowles Foundation Discussion Papers, Yale University, 870, May.

  34. Sims C.A., J.H. Stock and M.W. Watson (1990), Inference in Linear Time Series Models with Some Unit Roots, Econometrica, 58(1), January, pp.113-44.

  35. Sims, C. A. (1980), Macroeconomics and Reality, Econometrica, 48(1), January, pp. 1-48.

  36. Sims, C. A. (1992), Interpreting the Macroeconomic Time Series Facts: The Effects of Monetary Policy, European Economic Review, 36(5), pp. 975-1000.

  37. Sims, C. A. (1994), A Simple Model for Study of the Determination of the Price Level and the Interaction of Monetary and Fiscal Policy, Economic Theory, 4(3), pp. 381-99.

  38. Stock, J. H. and M. W. Watson (2001), Vector Autoregressions, Journal of Economic Perspectives, 15(4), pp. 101-15.

  39. Woodford, M. (1995), Price-Level Determinacy without Control of a Monetary Aggregate, Carnegie-Rochester Conference Series on Public Policy, 43(0), pp. 1-46.

  40. Woodford, M. (2001), Fiscal Requirements for Price Stability, Journal of Money, Credit, and Banking, 33(3), pp. 669-728.

Cocites

Documents in RePEc which have cited the same bibliography

  1. The design of fiscal consolidation measures in the European Union: distributional effects and implications for macro-economic recovery. (2017). Sutherland, Holly ; Figari, Francesco ; Paulusby, Alari .
    In: Oxford Economic Papers.
    RePEc:oup:oxecpp:v:69:y:2017:i:3:p:632-654..

    Full description at Econpapers || Download paper

  2. How does Fiscal Consolidation Impact on Income Inequality?. (2012). Sousa, Ricardo ; Agnello, Luca ; R, M. Sousa., ; L, Agnello., .
    In: Working papers.
    RePEc:bfr:banfra:382.

    Full description at Econpapers || Download paper

  3. An avenue for expansionary fiscal contractions. (2007). Afonso, Antonio.
    In: MPRA Paper.
    RePEc:pra:mprapa:4593.

    Full description at Econpapers || Download paper

  4. Pain or Gain? Short-term Budgetary Effects of Surprise Inflation - the Case of Hungary. (2007). Kiss, Gabor.
    In: MNB Occasional Papers.
    RePEc:mnb:opaper:2007/61.

    Full description at Econpapers || Download paper

  5. Fiscal Policies and Business Cycles in an Enlarged Euro Area. (2007). Staehr, Karsten.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_1933.

    Full description at Econpapers || Download paper

  6. Irreversible Investments, Dynamic Inconsistency and Policy Convergence. (2007). Torsvik, Gaute ; Hagen, Rune.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_1910.

    Full description at Econpapers || Download paper

  7. Expenditure reform in industralised countries: a case study approach. (2006). Schuknecht, Ludger ; Hauptmeier, Sebastian ; Heipertz, Martin.
    In: ZEW Discussion Papers.
    RePEc:zbw:zewdip:5443.

    Full description at Econpapers || Download paper

  8. The quality of fiscal adjustment and the long-run growth impact of fiscal policy in Brazil. (2006). Herrera, Santiago ; Blanco, Fernando.
    In: Policy Research Working Paper Series.
    RePEc:wbk:wbrwps:4004.

    Full description at Econpapers || Download paper

  9. The dynamic behaviour of budget components and output – the cases of France, Germany, Portugal, and Spain. (2006). Claeys, Peter ; Afonso, Antonio.
    In: Working Papers Department of Economics.
    RePEc:ise:isegwp:wp262006.

    Full description at Econpapers || Download paper

  10. Expansionary fiscal consolidations in Europe: new evidence. (2006). Afonso, Antonio.
    In: Working Papers Department of Economics.
    RePEc:ise:isegwp:wp182006.

    Full description at Econpapers || Download paper

  11. Expansionary fiscal consolidations in Europe: new evidence. (2006). Afonso, Antonio.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:2006675.

    Full description at Econpapers || Download paper

  12. The Institutional and Political Determinants of Fiscal Adjustment. (2006). Lavigne, Robert .
    In: Staff Working Papers.
    RePEc:bca:bocawp:06-1.

    Full description at Econpapers || Download paper

  13. THE QUALITY OF FISCAL ADJUSTMENT AND THE LONG-RUN GROWTH IMPACT OF FISCAL POLICY IN BRAZIL. (2006). Herrera, Santiago ; Blanco, Fernando.
    In: Anais do XXXIV Encontro Nacional de Economia [Proceedings of the 34th Brazilian Economics Meeting].
    RePEc:anp:en2006:87.

    Full description at Econpapers || Download paper

  14. Fiscal Consolidations in the Central and Eastern European Countries. (2005). Rother, Philipp ; Nickel, Christiane ; Afonso, Antonio.
    In: Working Papers Department of Economics.
    RePEc:ise:isegwp:wp32005.

    Full description at Econpapers || Download paper

  15. What are the Effects of Fiscal Policy Shocks?. (2005). Uhlig, Harald ; Mountford, Andrew.
    In: SFB 649 Discussion Papers.
    RePEc:hum:wpaper:sfb649dp2005-039.

    Full description at Econpapers || Download paper

  16. Fiscal Federalism and Fiscal Consolidation: Evidence from an Event Study. (2005). Muscatelli, Vito ; Darby, Julia ; Roy, Graeme.
    In: Working Papers.
    RePEc:gla:glaewp:2005_21.

    Full description at Econpapers || Download paper

  17. Productivity shocks, budget deficits and the current account. (2005). Müller, Gernot ; Fratzscher, Marcel ; Bussiere, Matthieu ; Muller, Gernot J.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:2005509.

    Full description at Econpapers || Download paper

  18. The Stability and Growth Pact from the Perspective Of the New Member States. (2004). Szapáry, György ; Szapary, Gyorgy ; Orban, Gabor .
    In: William Davidson Institute Working Papers Series.
    RePEc:wdi:papers:2004-709.

    Full description at Econpapers || Download paper

  19. Fiscal Policy and Financial Depth. (2004). KRISHNAMURTHY, ARVIND ; Caballero, Ricardo.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:10532.

    Full description at Econpapers || Download paper

  20. Effective Consumption and Non-Keynesian Effects of Fiscal Policy. (2004). Jönsson, Kristian.
    In: Working Papers.
    RePEc:hhs:lunewp:2004_026.

    Full description at Econpapers || Download paper

  21. Fiscal Policy Regimes and Household Consumption. (2004). Jönsson, Kristian.
    In: Working Papers.
    RePEc:hhs:lunewp:2004_012.

    Full description at Econpapers || Download paper

  22. Fiscal Federalism, Fiscal Consolidations and Cuts in Central Government Grants: Evidence from an Event Study. (2004). Muscatelli, Vito ; Darby, Julia ; Roy, Graeme.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_1305.

    Full description at Econpapers || Download paper

  23. Tax Capacity Disparities and Fiscal Equalization: The Case of Spanish Local Governments. (2003). Esteller-Moré, Alejandro ; Vilalta, Maite ; Castells, Antoni.
    In: Public Economics.
    RePEc:wpa:wuwppe:0310006.

    Full description at Econpapers || Download paper

  24. Government Size and Output Volatility: New International Evidence. (2003). Viren, Matti ; Koskela, Erkki.
    In: Discussion Papers.
    RePEc:rif:dpaper:857.

    Full description at Econpapers || Download paper

  25. Identifying fiscal shocks and policy regimes in OECD countries. (2003). De Arcangelis, Giuseppe ; Lamartina, Serena .
    In: Working Paper Series.
    RePEc:ecb:ecbwps:2003281.

    Full description at Econpapers || Download paper

  26. Current accounts, net foreign assets and the implications of cyclical factors. (2003). Driver, Rebecca ; Chortareas, Georgios ; Bussiere, Matthieu.
    In: Bank of England working papers.
    RePEc:boe:boeewp:173.

    Full description at Econpapers || Download paper

  27. The Relationship between Large Fiscal Adjustments and Short-Term Output Growth Under Alternative Fiscal Policy Regimes. (2002). Russek, Frank ; Miller, Stephen.
    In: Working papers.
    RePEc:uct:uconnp:1999-04.

    Full description at Econpapers || Download paper

  28. Population Ageing and the Efficiency of Fiscal Policy in New Zealand. (2002). Fabling, Richard ; Davis, Nick.
    In: Treasury Working Paper Series.
    RePEc:nzt:nztwps:02/11.

    Full description at Econpapers || Download paper

  29. Structural Change in Fiscal Policy and The Permanence of Fiscal Contractions - The Case of Denmark and Ireland.. (2002). johansson, Martin W ; Hjelm, Goran.
    In: Working Papers.
    RePEc:hhs:lunewp:2002_011.

    Full description at Econpapers || Download paper

  30. Some Stylized Facts on Non-Systematic Fiscal Policy in the Euro Area. (2002). Marcellino, Massimiliano.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:3635.

    Full description at Econpapers || Download paper

  31. Tax Pot Episodes in OECD Countries. (2002). Portier, Franck.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:3483.

    Full description at Econpapers || Download paper

  32. What are the Effects of Fiscal Policy Shocks?. (2002). Uhlig, Harald ; Mountford, Andrew.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:3338.

    Full description at Econpapers || Download paper

  33. The Importance of Composition of Fiscal Policy: Evidence from Different Exchange Rate Regimes. (2001). Lane, Philip ; Perotti, Roberto.
    In: Trinity Economics Papers.
    RePEc:tcd:tcduee:200116.

    Full description at Econpapers || Download paper

  34. The Importance of Composition of Fiscal Policy: Evidence from Different Exchange Rate Regimes. (2001). Lane, Philip ; Perotti, Roberto.
    In: CEG Working Papers.
    RePEc:tcd:tcdceg:200111.

    Full description at Econpapers || Download paper

  35. Does Crown Financial Portfolio Composition Matter?. (2001). Davis, Nick.
    In: Treasury Working Paper Series.
    RePEc:nzt:nztwps:01/34.

    Full description at Econpapers || Download paper

  36. Political Data for Applied Political Economy Research. (2001). Carmignani, Fabrizio.
    In: Working Papers.
    RePEc:mib:wpaper:43.

    Full description at Econpapers || Download paper

  37. Fiscal Expenditure Policy and Non-Oil Economic Growth: Evidence from GCC Countries. (2001). Fasano-Filho, Ugo ; Wang, Qing.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2001/195.

    Full description at Econpapers || Download paper

  38. Keynesian, Non-Keynesian or No Effects of Fiscal Policy Changes? The EMU Case. (2001). van Aarle, Bas ; Garretsen, Harry.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_570.

    Full description at Econpapers || Download paper

  39. After the Death of Inflation: Will Fiscal Drag Survive?. (2000). Heinemann, Friedrich.
    In: ZEW Discussion Papers.
    RePEc:zbw:zewdip:5304.

    Full description at Econpapers || Download paper

  40. Fiscal Rules in a Monetary Union: A Short-Run Analysis. (2000). Debrun, Xavier.
    In: Open Economies Review.
    RePEc:kap:openec:v:11:y:2000:i:4:p:323-358.

    Full description at Econpapers || Download paper

  41. Searching for Non-Linear Effects of Fiscal Policy: Evidence from Industrial and Developing Countries. (2000). Pagano, Marco ; Jappelli, Tullio ; Giavazzi, Francesco.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:2374.

    Full description at Econpapers || Download paper

  42. Fiscal Policy, Profits and Investment. (1999). Schiantarelli, Fabio ; Perotti, Roberto ; Ardagna, Silvia ; Alesina, Alberto F.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:2250.

    Full description at Econpapers || Download paper

  43. Entry and Exit Dynamics of Excessive Deficits in the European Union. (1999). Bayar, Ali H..
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_216.

    Full description at Econpapers || Download paper

  44. EMU and fiscal discipline: the end of the depreciation threat. (1998). Heinemann, Friedrich.
    In: ZEW Discussion Papers.
    RePEc:zbw:zewdip:5204.

    Full description at Econpapers || Download paper

  45. Do Balanced Budget Rules Work? U.S. Experience and Possible Lessons for the EMU. (1996). Inman, Robert P..
    In: NBER Working Papers.
    RePEc:nbr:nberwo:5838.

    Full description at Econpapers || Download paper

  46. Budget Deficits and Budget Institutions. (1996). Perotti, Roberto.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:5556.

    Full description at Econpapers || Download paper

  47. The Cost of Fiscal Retrenchment Revisited: how Strong is the Evidence?. (1996). Pisani-Ferry, Jean ; Dubois, Eric ; Cour-Thimann, Philippine ; Mahfouz, Selma.
    In: Working Papers.
    RePEc:cii:cepidt:1996-16.

    Full description at Econpapers || Download paper

  48. Non-Keynesian Effects of Fiscal Policy Changes: International Evidence and the Swedish Experience. (1995). Pagano, Marco ; Giavazzi, Francesco.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:5332.

    Full description at Econpapers || Download paper

  49. The IT revolution across the U.S. states. (). Mascotto, Andrea.
    In: Working Papers.
    RePEc:igi:igierp:226.

    Full description at Econpapers || Download paper

  50. Some stylized facts on non-systematic fiscal policy in the Euro area. (). Marcellino, Massimiliano.
    In: Working Papers.
    RePEc:igi:igierp:225.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-10-06 00:47:54 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.