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Thomas J. Sargent

Index

Creative Commons License – This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International.

Contents

Introduction

Price Level Histories
Inflation During French Revolution

Linear Dynamics: Finite Horizons

Present Values
Consumption Smoothing
Tax Smoothing
Equalizing Difference Model
A Monetarist Theory of Price Levels
Monetarist Theory of Price Levels with Adaptive Expectations

Monetary-Fiscal Policy Interactions

Money Financed Government Deficits and Price Levels
Some Unpleasant Monetarist Arithmetic
Inflation Rate Laffer Curves
Laffer Curves with Adaptive Expectations

Other

References
Execution Statistics

QuantEcon

Lecture (PDF)
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