Monetary policy and public finances : inflation targets in a new perspective
Beddies, Christian H.
Monetary policy and public finances : inflation targets in a new perspective - 1999
Examines how the private sector, the monetary authority, and the fiscal authority interact. Concludes that unrestricted central bank independence may not be an optimal way to collect seigniorage revenues or stabilize supply shocks.
Monetary policy and public finances : inflation targets in a new perspective - 1999
Examines how the private sector, the monetary authority, and the fiscal authority interact. Concludes that unrestricted central bank independence may not be an optimal way to collect seigniorage revenues or stabilize supply shocks.