The Macroeconomic Impacts of Counterpart Funds

Nopic
This paper analyzes the macroeconomic impacts of the creation, accumulation, and use of counterpart funds. It draws attention to the importance of including counterpart funds in the design of macroeconomic policies to ensure their consistency. It shows that the creation or accumulation of counterpart funds in most cases is deflationary while... READ MORE...

Publication date: August 1989
ISBN 9781451963465
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Publication date: August 1989

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