Inflation and Fiscal Deficits : The Irrelevance of Debt and Money Financing /
The purpose of this paper is to present a model that circumvents the requirement of explicitly setting a period in which the fiscal budget is to be balanced, yet implies that increases in the growth of public debt are bound to increase inflation when there is no perceived commitment to reduce the fi...
| Հիմնական հեղինակ: | |
|---|---|
| Ձևաչափ: | Ամսագիր |
| Լեզու: | English |
| Հրապարակվել է: |
Washington, D.C. :
International Monetary Fund,
1992.
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| Շարք: | IMF Working Papers; Working Paper ;
No. 1992/102 |
| Առցանց հասանելիություն: | Full text available on IMF |