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Quasi-Fiscal Operations of Public Financial Institutions »
Book
Series: Occasional Papers
Author(s): George Mackenzie , and Peter Stella
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 24 October 1996
DOI: http://dx.doi.org/10.5089/9781557755834.084
ISBN: 9781557755834
Keywords: central bank, inflation, monetary fund, central banks, exchange rate
Central banks and other public financial institutions act as agents of fiscal policy in many countries. Their "quasi-fiscal" operations and activities can affect the overall public sector balance without affecting...