deficits which backs debt and attenuates fiscal inflation. A dynamic r -- g stability criterion characterizes the set of … with inflation. Monetary policy which follows the Taylor principle can be consistent with a unique stable equilibrium under …

attention for the Fiscal Theory of the Price Level (FTPL). This theoretical framework for fiscally induced inflation is well …In the early 2020s sharp surge of inflation, unprecedentedly high levels of government debt and deficits fueled …

implications of fiscal policy shocks on inflation, monetary policy, and fiscal authorities in the context of South Africa. The … unexpected increases in national government expenditure led to counterintuitive initial decreases in inflation. This highlights … the complexity of inflation dynamics and challenges existing paradigms. Moreover, the lagged response of inflation to …

liabilities differ, rebalancing the maturity structure changes the government cost of capital. In the fiscal theory, changes in … discount rates affect inflation through the intertemporal government budget equation. When the yield curve is upward …