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Seigniorage and Political Instability

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NBER1989-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w3199
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资源简介:
The importance of seignorage relative to other sources of government revenue differs markedly across countries. The main theoretical implication of this paper is that countries with more unstable and polarized political systems rely more heavily on seignorage. This result is obtained within the
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1989-12-01
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