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...

Полное описание

Библиографические подробности
Главный автор: Park, Seok
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2012.
Серии:IMF Working Papers; Working Paper ; No. 2012/014
Online-ссылка:Full text available on IMF