Central Banks Quasi-Fiscal Policies and Inflation /

Although central banks have recently taken unconventional policy actions to try to shore up macroeconomic and financial stability, little theory is available to assess the consequences of such measures. This paper offers a theoretical model with which such policies can be analyzed. In particular, th...

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Bibliographic Details
Main Author: Park, Seok
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/014
Online Access:Full text available on IMF