Fiscal inflation and cosmetic defaults in a small open economy

For a small open economy, maintaining a stable exchange rate and moderate levels of inflation is often a goal of primary importance. At the same time, the profession has recognized the tight link between fiscal and monetary policies in determining inflation dynamics. Thus, the goal of a stable excha...

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Autor principal: Bianchi, Francesco
Formato: Artículo
Lenguaje:English
Publicado: Banco Central de Chile 2021
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Acceso en línea:https://hdl.handle.net/20.500.12580/6138
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