The Fiscal Effects of Monetary Policy /
This paper develops a simple framework to examine the budgetary implications of monetary policy measures. It further outlines, using this framework, the various channels of influence that tight monetary policy may have on the budget deficit. The cumulative effect might be quantitatively large althou...
Автор: | |
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Формат: | Журнал |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
1998.
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Серія: | IMF Working Papers; Working Paper ;
No. 1998/066 |
Онлайн доступ: | Full text available on IMF |