Chapters in this book

1. Frontmatter i
2. Contents v
3. Preface xi
4. Notation xxiii
5. Part 1 The Fiscal Theory
6. Introduction 3
7. 1 A Two-PeriodModel 5
8. 2 An IntertemporalModel 21
9. 3 A Bit of Generality 52
10. 4 Debt, Deficits, Discount Rates, and Inflation 81
11. 5 Fiscal Theory in Sticky PriceModels 116
12. 6 Fiscal Constraints 187
13. 7 Long-Term Debt Dynamics 211
14. Part II Assets, Rules, and Institutions
15. 8 Assets and Choices 237
16. 9 Better Rules 257
17. 10 Balance Sheets and Pots of Assets 284
18. Part III Monetary Doctrines, Institutions, and Some Histories
19. 11 Monetary Policies 309
20. 12 Interest Rate Targets 320
21. 13 Monetary Institutions 325
22. 14 Stories and Histories 336
23. 15 Esthetics and Philosophy 351
24. Part IV Money, Interest Rates, and Regimes
25. 16 The New-Keynesian Model 355
26. 17 Keynesian Models with Sticky Prices 391
27. 18 History and Implications 415
28. 19 Monetarism 427
29. 20 The Zero Bound 458
30. 21 The COVID-19 Inflation 478
31. 22 Observational Equivalence 487
32. Part V Past, Present, and Future
33. 23 Past and Present 505
34. 24 Tests,Models, and Applications 512
35. 25 The Future 523
36. Bibliography 527
37. Index 541