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Thomas J. Sargent

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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)
Book (PDF)

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