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A return to the convertibility principle? : monetary and fiscal regimes in historical perspective ; the international evidence

Bordo, Michael D. (contributor); Jonung, Lars (contributor) - 2000 - [Elektronische Ressource]

What is the long-run relationship between monetary and fiscal policies? This paper provides an answer by examining a large set of data covering major economies during the past 115 years. The evidence suggests the existence of a close interaction between the monetary regime, that is the behaviour...

Persistent link: https://www.econbiz.de/10001600040