Concepedia

Price Level Indeterminacy

Price Level Indeterminacy is a theoretical condition in macroeconomic models where the general price level cannot be uniquely determined by the underlying structural equations, typically arising in monetary economies when nominal rigidities or insufficient fiscal policy anchoring prevent the equilibrium selection of a unique price level.

82

Publications

9.1K

Citations

91

Authors

77

Institutions

Publications per year

2017–2026

6

Parents

Publications

82

"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule

Thomas J. Sargent, Neil Wallace · Journal of Political Economy · 1975 · 2.2K citations

, , +11

A simple model for study of the determination of the price level and the interaction of monetary and fiscal policy

Christopher A. Sims · Economic Theory · 1994 · 1K citations · Full text

, , +16

Monetary policy and price level determinacy in a cash-in-advance economy

Michael Woodford · Economic Theory · 1994 · 755 citations · Full text

, , +13

Price-level determinacy without control of a monetary aggregate

Michael Woodford · Carnegie-Rochester Conference Series on Public Policy · 1995 · 493 citations

, , +10

Price-level determinacy without control of a monetary aggregate

Michael Woodford · Carnegie-Rochester Conference Series on Public Policy · 1995 · 467 citations · Full text

, , +10

1–5 of 82

Authors

91

  1. WH
    Willem H. Buiter

    Centre for Economic Policy Research, United Kingdom

    5 publications · 408 citations

    5

    h-index

  2. BT
    Bennett T. McCallum

    Carnegie Mellon University, United States

    4 publications · 345 citations

    4

    h-index

  3. TJ
    Thomas J. Sargent

    New York University, United States

    4 publications · 2.3K citations

    4

    h-index

  4. MW
    Michael Woodford

    Columbia University, United States

    4 publications · 1.8K citations

    4

    h-index

  5. SS
    Stephanie Schmitt‐Grohé

    Columbia University, United States

    3 publications · 235 citations

    3

    h-index

1–5 of 91

Institutions

77

  1. Columbia University

    New York, United States

    4 h-index

    4 publications

    513 citations

  2. Federal Reserve Board of Governors

    Washington D.C., United States

    4 h-index

    7 publications

    209 citations

  3. Federal Reserve

    Washington D.C., United States

    4 h-index

    7 publications

    209 citations

  4. Carnegie Mellon University

    Pittsburgh, United States

    3 h-index

    3 publications

    327 citations

  5. Hoover Institution

    Stanford, United States

    3 h-index

    3 publications

    66 citations

  6. University of Chicago

    Chicago, United States

    3 h-index

    3 publications

    877 citations

  7. Federal Reserve Bank of Richmond

    Richmond, United States

    3 h-index

    3 publications

    241 citations

  8. New York University

    New York, United States

    3 h-index

    5 publications

    120 citations

1–8 of 77

Venues

  1. Journal of Monetary Economics

    7 publications · 697 citations

    7

    h-index

  2. Econometrica

    5 publications · 239 citations

    5

    h-index

  3. SSRN Electronic Journal

    Repository · 5 publications · 107 citations

    5

    h-index

  4. Carnegie-Rochester Conference Series on Public Policy

    Conference · 4 publications · 1.1K citations

    4

    h-index

  5. RePEc: Research Papers in Economics

    Repository · 4 publications · 391 citations

    4

    h-index

1–5