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Fiscal and Monetary Anchors for Price Stability

Fiscal and Monetary Anchors for Price Stability »

Source: Fiscal and Monetary Anchors for Price Stability : Evidence from Sub-Saharan Africa

Volume/Issue: 2008/121

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2008

ISBN: 9781451869811

Keywords: non-Ricardian regimes, and Fiscal Theory of Price Level, price level, money growth, price stability,

The paper presents a model of fiscal dominance with borrowing constraints, and provides evidence for a large number of sub-Saharan African countries on the relative importance of fiscal and monetary determinants of...

Fiscal and Monetary Anchors for Price Stability
			: Evidence from Sub-Saharan Africa

Fiscal and Monetary Anchors for Price Stability : Evidence from Sub-Saharan Africa »

Volume/Issue: 2008/121

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2008

DOI: http://dx.doi.org/10.5089/9781451869811.001

ISBN: 9781451869811

Keywords: non-Ricardian regimes, and Fiscal Theory of Price Level, price level, money growth, price stability,

The paper presents a model of fiscal dominance with borrowing constraints, and provides evidence for a large number of sub-Saharan African countries on the relative importance of fiscal and monetary determinants of...