A Positive Theory of Government Debt

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Understanding Inflation as a Joint Monetary-Fiscal Phenomenon (2016, background): “”(3) The fiscal theory is a complement to, rather than a substitute for, conventional views of price-level determination. It emerges by filling in the fiscal sides of models and broadening the rules that monetary and fiscal authorities obey. By doing so, the fiscal theory extracts what assumptions a”
Time-Consistent Public Policy (2008, background): “Another closely related literature upon which the present work builds quite directly is that analyzing dynamic games between successive selves, as outlined in the economics and psychology literature by Strotz (1956), Phelps and Pollak (1968), Laibson (1997), and others.”
The "Mystery of the Printing Press" Monetary Policy and Self-fulfilling Debt Crises (2016, unknown): “The optimal policy plan is synthesized in Table 1 below, where the minimum (interior) default rate (27) is obtained from the default condition (15) setting bθ σ i = θi and using the fact that, for ! = 0, the cost of debt issuance can be written as”