✦ LIBER ✦

Public Finance; Fiscal Policy

Book ID: 125684462
Year: 1966
Weight: 487 KB
Volume: 4
Category: Article
ISSN: 0364-281X
DOI: 10.2307/2720115

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It has been realized for some time that the eflectiveness of fiscal policy is sensitive to the means of financing that policy. More particularly, expansionary fiscal policy financed by money creation is known to be more eficient than the same fiscal action financed by bond sales. This study uses bot