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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Beddies, Christian
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1999.
Sraith:IMF Working Papers; Working Paper ; No. 1999/026
Rochtain ar líne:Full text available on IMF