Monetary Policy and Public Finances : Inflation Targets in a New Perspective /

This paper considers the interaction between the private sector, the monetary authority, and the fiscal authority, and concludes that unrestricted central bank independence may not be an optimal way to collect seigniorage revenues or stabilize supply shocks. Moreover, the paper shows that the implem...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Beddies, Christian
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1999.
سلاسل:IMF Working Papers; Working Paper ; No. 1999/026
الوصول للمادة أونلاين:Full text available on IMF