Quasi-Fiscal Deficit Financing and (Hyper) Inflation
نویسندگان
چکیده
منابع مشابه
Democratic deficit and communication hyper-inflation in health care systems.
There is a widespread perception of poor performance and reduced trust in relation to health care systems. The roots of this problem are interpreted in terms of the democratic deficit and communication hyper-inflation. The democratic deficit is characterized as a persistent but chronically unsatisfied demand for complete public authority over all significant societal institutions--including the...
متن کاملThe Effects of Hyper-Inflation on Accounting Ratios Financing Corporate Growth in Industrialising Economies
.............................................................................................................................................. vii Acknowledgments ............................................................................................................................... ix
متن کاملPerceptions and Misperceptions of Fiscal Inflation
The Great Recession and worldwide financial crisis have exploded fiscal imbalances and brought fiscal policy and inflation to the forefront of policy concerns. Those concerns will only grow as aging populations increase demands on government expenditures in coming decades. It is widely perceived that fiscal policy is inflationary if and only if it leads the central bank to print new currency to...
متن کاملFiscal Policy and Inflation: Pondering the Imponderables
An asset-pricing perspective on inflation reveals that it depends on current and expected monetary and fiscal policies. There are three ways to carry $1 today into the future: money, bonds, and real assets. That dollars purchasing power varies inversely with the price level. Expected money growth, tax rates, and government spending directly impinge on these expected rates of return of these as...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2018
ISSN: 1556-5068
DOI: 10.2139/ssrn.3256519