Debt, Cash Flow and Inflation Incentives: A Swedish Example
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https://www.nber.org/papers/w5772
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资源简介:
The fiscal gains from, and hence the political incentives to, an increase in inflation rate of ten percentage points may be substantial: with Swedish data from 1994, these gains would have been an annual real flow of 3-4 percent of GDP, or a capitalized value of nearly 100 percent of GDP. They would
提供机构:
美国国家经济研究局
创建时间:
1996-09-01



