Seigniorage, Operating Rules and the High Inflation Trap
收藏NBER1987-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2413
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资源简介：
A given amount of seigniorage revenue can be collected at either a high or a low rate of inflation. Thus there ray be two equilibria when a government finances its deficit by printing money--implying that an economy may be stuck in a high inflation equilibrium when, with the same fiscal policy, it
提供机构：
美国国家经济研究局
创建时间：
1987-10-01
