John Cochrane Distinguished Lecture: «Fiscal Theory of the Price Level»

Professor of Chicago Booth School of Business John H.Cochrane presents his work on the relationship between fiscal policy and price levels.

2:58 Introduction
6:59 What is Fiscal Theory?
17:04 A one-period model
24:51 Classic Doctrines of Fiscal Theory
31:12 Real Debt
37:17 Fiscal Inflation

Lecturer’s book on the topic: https://faculty.chicagobooth.edu/john.cochrane/research/papers/fiscal_theory_book.pdf


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Почетный доклад профессора University of Chicago Booth School of Business Джона Кокрэйна «Фискальная теория уровня цен»
XXIX Научная Конференция РЭШ

14.04.11