Government Debt : A Key Role in Financial Intermediation

A Key Role in Financial Intermediation

Government Debt : A Key Role in Financial Intermediation
The literature on optimal fiscal policy finds that highly volatile real returns on government debt, for example through surprise inflation, have very low costs. However, policymakers are almost always very apprehensive of this option. The paper discusses evidence concerning features of developing country financial markets that are missing in... READ MORE...

Publication date: March 2005
ISBN 9781451860764
$15.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: March 2005

PDF

Publication date: March 2005

ePub

Publication date: March 2005

Mobi

Publication date: March 2005

English