Inflation, growth and policy coordination

Inflation, growth and policy coordination

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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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Bibliografiska uppgifter
I publikationen:The Philippine Review of Business and Economics Vol. XXXIII, No. 2 (December 1996), p. 253-282.
Huvudupphovsmän: Reside, Renato E., Jr (Författare, medförfattare), Basu, Parantap (Författare, medförfattare)
Materialtyp: Analytics
Språk:English
Publicerad: 1996.
Ämnen:
Inflation (Finance).
Monetary policy.
Fiscal policy.