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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1142 |
DP1142 Federal Fiscal Constitutions. Part II: Risk Sharing and Redistribution | |
Torsten Persson; Guido Tabellini | |
发表日期 | 1995-02-28 |
出版年 | 1995 |
语种 | 英语 |
摘要 | The paper gives a brief account of the Swedish experience of an inflation target in a floating exchange rate regime; identifies, documents and discusses the current problems in Swedish monetary policy and their origins; suggests what can be done to remedy the problems; and draws some general conclusions. The two main current problems are the lack of credibility of the target and the significant risk that the target will be missed. The reasons for the lack of credibility include the fiscal situation, the institutional set-up of monetary policy, the political division about monetary policy, and the insufficient transparency of and commitment to the current inflation-targeting policy. |
主题 | International Macroeconomics |
关键词 | Floating exchange rates monetary policy |
URL | https://cepr.org/publications/dp1142 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530279 |
推荐引用方式 GB/T 7714 | Torsten Persson,Guido Tabellini. DP1142 Federal Fiscal Constitutions. Part II: Risk Sharing and Redistribution. 1995. |
条目包含的文件 | 条目无相关文件。 |
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