The Competitive Externalities and the Optimal Seignorage
收藏NBER1989-04-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w2937
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资源简介:
The purpose of this study is to analyze the behavior of the inflation tax in an economy where, due to coordination failure, the inflation rate is not determined by a unique policy maker but by several competing decision makers. Each decision maker can effectively print more paper money via the
提供机构:
美国国家经济研究局
创建时间:
1989-04-01



