Can Public Spending Cuts be Inflationary?
收藏NBER1988-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2528
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The paper uses a demand for seigniorage revenue and supply of seigniorage revenue approach to determine the consequences 0 cots in public spending for the rate of inflation. Monetary financing is viewed as the residual financing mode, with tax rates and pubic debt-GDP ratios held constant. In a
提供机构:
美国国家经济研究局
创建时间:
1988-03-01



