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Debt, Deficits and Inflation: An Application to the Public Finances of India

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NBER1990-03-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w3287
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The paper studies the solvency of the Indian public sector and the eventual monetization and inflation implied by stabilization of the debt-GNP ratio without any changes in the primary deficit. The nonstationarity of the discounted public debt suggests that indefinite continuation of the pattern of
提供机构:
美国国家经济研究局
创建时间:
1990-03-01
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