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...
Հիմնական հեղինակ: | |
---|---|
Ձևաչափ: | Ամսագիր |
Լեզու: | English |
Հրապարակվել է: |
Washington, D.C. :
International Monetary Fund,
1999.
|
Շարք: | IMF Working Papers; Working Paper ;
No. 1999/026 |
Առցանց հասանելիություն: | Full text available on IMF |