Policy biases when the monetary and fiscal authorities have different objectives
Until recently, the debate on the relationship between monetary and fiscal authorities centered on the inflationary consequences of mentary financing of the fiscal deficit. The moderately high inflation of the 1970s in some industrialized countries and, particularly, the recurring episodes of very h...
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Autores principales: | , |
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Formato: | Artículo |
Lenguaje: | eng |
Publicado: |
Banco Central de Chile
2019
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Acceso en línea: | https://hdl.handle.net/20.500.12580/3659 |
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