TY  - JOUR
TI  - <p class="text">Macroeconomic Policy Coordination: the Case of Unstable Inflation and Public Debt Dynamics</p>
T2  - HSE Economic Journal 
IS  - HSE Economic Journal 
KW  - inflation rate
KW  - public debt
KW  - the model of inflation
KW  - cause of inflation
KW  - fiscal policy
AB  - This work is devoted to the study of stationary States and transitional dynamics of inflation and public debt. Analysis of unilateral or coordinated actions of fiscal and monetary policies is carried out under implicit restrictions that prevent the possibility of a crisis in the financial market. In terms of unstable dynamics of the money and debt market, the principle of "unpleasant monetary arithmetic" by Sargent-Wallace can be supplemented by the principle of "unpleasant fiscal arithmetic".
AU  - Sergey Pekarski
UR  - https://ej.hse.ru/en/2001-5-4/26548904.html
PY  - 2001
SP  - 492-518
VL  - 5