Monetary Policy in a Small Open Economy with Credit Goods Production /

The paper analyzes the effects of monetary policy in a dynamic model of a small open economy with cash and credit goods production, where government consumption is financed by seignorage. It shows that the interrelationships between the growth rate of the monetary aggregate and the technological pro...

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Bibliografiska uppgifter
Huvudupphovsman: Chan-Lau, Jorge
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 1998.
Serie:IMF Working Papers; Working Paper ; No. 1998/153
Länkar:Full text available on IMF