Fiscal Dominance and Inflation Targeting: Lessons from Brazil
收藏NBER2004-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10389
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资源简介：
A standard proposition in open-economy macroeconomics is that a central-bank-engineered increase in the real interest rate makes domestic government debt more attractive and leads to a real appreciation. If, however, the increase in the real interest rate also increases the probability of default on
提供机构：
美国国家经济研究局
创建时间：
2004-03-01
