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In this paper we provide an estimate of the likelihood of conflict between the federal government and the Bundesbank … probability of conflict, in addition to interest rate, exchange rate, money supply behavior, as well as electoral influences. The … policy are a positive source of conflict in a probabilistic sense. Conflict was not a constant but flared up at times of …
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During civil wars governments typically resort to inflation to raise revenue. A model of this phenomenon is presented, estimated, and applied to the choices and constraints faced during the postconflict period. The results show that far from there being a fiscal peace dividend, postconflict...
Persistent link: https://www.econbiz.de/10012759271
During civil wars governments typically resort to inflation to raise revenue. A model of this phenomenon is presented, estimated, and applied to the choices and constraints faced during the postconflict period. The results show that far from there being a fiscal peace dividend, postconflict...
Persistent link: https://www.econbiz.de/10012561530
In this paper we provide an estimate of the likelihood of conflict between the federal government and the Bundesbank … probability of conflict, in addition to interest rate, exchange rate, money supply behavior, as well as electoral influences. The … policy are a positive source of conflict in a probabilistic sense. Conflict was not a constant but flared up at times of …
Persistent link: https://www.econbiz.de/10014064314