Inflation's Role in Optimal Monetary-Fiscal Policy
收藏NBER2013-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w19686
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资源简介：
We study how the maturity structure of nominal government debt affects optimal monetary and fiscal policy decisions and equilibrium outcomes in the presence of distortionary taxes and sticky prices. Key findings are: (1) there is always a role for current and future inflation innovations to revalue
提供机构：
美国国家经济研究局
创建时间：
2013-11-01
