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A high share of foreign currency denomination of domestic public debt in rules out any recourse to inflation tax as an … effective adjustment device. Anti- inflation policies based upon hard peg regimes may remove the exchange rate risk in the short …
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Questo lavoro analizza l’efficacia relativa di due possibili contesti di riferimento della futura azione di politica economica in ambito europeo in termini di obiettivi di stabilizzazione: il primo, caratterizzato dall’attuale architettura istituzionale e il secondo, da un sistema fiscale di...
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