Credit Subsidies, Financial Repression, and the High Inflation/Low Income Trap
AbstractThe paper analyzes the problems of inflation finance in economies in transition from plan to market, when there are complications due to the use of money creation to finance credit to productive enterprises.
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Bibliographic InfoPaper provided by Department of Economics, Williams College in its series Center for Development Economics with number 155.
Length: 28 pages
Date of creation: 1996
Date of revision:
Find related papers by JEL classification:
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- G20 - Financial Economics - - Financial Institutions and Services - - - General
- G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
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