Fiscal and Monetary Policy Interaction: The Sustainability of Public Debt

By Sergey Pekarski

The government and the central bank are interconnected by a consolidated public sector budget constraint: the operational deficit of the budget is financed by new borrowings and by seigniorage. This... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 3639163281
• ISBN13: 9783639163285
• Release Date: June 2009
• Publisher: VDM Verlag
• Length: 176 Pages
• Weight: 0.59 lbs.
• Dimensions: 0.4" x 6.0" x 9.0"