Is Inflation Effective for Liquidating Short-Term Nominal Debt?

The possibility of reducing the real value of domestic non-indexed government debt through inflation is studied. A central result is that this kind of debt liquidation is possible even though prices are sticky and government bonds are short term. A policy implication is that short bond maturities ar...

Ful tanımlama

Detaylı Bibliyografya
Müşterek Yazar: International Monetary Fund
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 1989.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 1989/002
Online Erişim:Full text available on IMF

Benzer Materyaller