Inflationary Consequences of Anticipated Macroeconomic Policies
收藏NBER1986-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2006
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资源简介：
We consider a model in which the level of taxes and seignorage are too low to finance government expenditures and debt service. Government debt will therefore grow without bound, implying the eventual need to change policy. Starting with utility maximization, we analyze the effect of the expected
提供机构：
美国国家经济研究局
创建时间：
1986-08-01
