Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/158974
Authors: 
Scorcu, Antonello Eugenio
Year of Publication: 
1992
Series/Report no.: 
Quaderni - Working Paper DSE 131
Abstract: 
The existence of long term or short term nominal ebt implies different dicretionary monetary policies. In absence of any monetization, long term debt leads to a lower inflation than short term debt. If debt monetization is possible, the lower inflation of long term case is traded off with the lower distortionary taxation in the short term case and no unambiguous conclusion can be reached.
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by-nc/3.0/
Document Type: 
Working Paper

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