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Tag: Cochrane

Cochrane and Coleman: Quantitative Easing and Asset Price Dynamics

“If exchanging money for short-term debt has no effect, it follows inescapably…

Olivier Fines, CFA Olivier Fines, CFA

Cochrane and Coleman: How Do You Solve Inflation?

“ says that prices and inflation depend not on money alone .…

Olivier Fines, CFA Olivier Fines, CFA

Cochrane and Coleman: The Fiscal Theory of the Price Level and Inflation Episodes

“The current inflation episode is just the kind of event that the…

Olivier Fines, CFA Olivier Fines, CFA