Government Debt : A Key Role in Financial Intermediation /
The literature on optimal fiscal policy finds that highly volatile real returns on government debt, for example through surprise inflation, have very low costs. However, policymakers are almost always very apprehensive of this option. The paper discusses evidence concerning features of developing co...
| Հիմնական հեղինակ: | |
|---|---|
| Այլ հեղինակներ: | |
| Ձևաչափ: | Ամսագիր |
| Լեզու: | English |
| Հրապարակվել է: |
Washington, D.C. :
International Monetary Fund,
2005.
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| Շարք: | IMF Working Papers; Working Paper ;
No. 2005/057 |
| Առցանց հասանելիություն: | Full text available on IMF |