Signaling Credibility --- Choosing Optimal Debt and International Reserves
收藏NBER2006-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w12407
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资源简介：
This paper evaluates the challenges facing developing countries when there is uncertainty about the policy maker type. We consider a country characterized by volatile output, inelastic demand for fiscal outlays, high tax collection costs, and sovereign risk, where future output depends on the type
提供机构：
美国国家经济研究局
创建时间：
2006-08-01
