Optimal Monetary Growth with Accomodating Fiscal Policy in a Small Open Economy
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https://www.nber.org/papers/w2084
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资源简介：
This paper emphasizes how the choice of the optimal monetary growth rate in a small open economy under perfect capital mobility depends upon the accommodating policy chosen to maintain the overall budget constraint in the economy. When this occurs through lump sum taxation, the optimal monetary
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美国国家经济研究局创建时间：
1986-11-01
