Inflation, growth and policy coordination

The effect of monetary policy on output growth and inflation is examined in a monetary endogenous growth model with an explicit banking sector that intermediates capital. Monetary policy is coordinated with fiscal policy in the sense that all the seigniorage revenue gleaned through the inflation tax...

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Detalles Bibliográficos
Publicado en:The Philippine Review of Business and Economics Vol. XXXIII, No. 2 (December 1996), p. 253-282.
Autores principales: Reside, Renato E., Jr (Autor), Basu, Parantap (Autor)
Formato: Analytics
Lenguaje:English
Publicado: 1996.
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