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Fiscal Deficits, Exchange Rate Crises and Inflation

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NBER1987-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2130
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资源简介:
The analysis focuses on the government budget constraint and the resolution of inconsistent implications of different policy instruments under that constraint. We show how, under floating exchange rates, external shocks or internal structural reforms may cause jumps in inflation and the exchange
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1987-01-01
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