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Автор Cuthbertson, K.
Автор Henry, S.G.B.
Автор Mayes, D.G.
Автор Savage, D.
Дата выпуска 1980
dc.description The relation between the government's need to borrow and the stock of money in the country is a complex one. It is affected by the nature of the expenditures and revenues which require the borrowing and by the way in which the borrowing is financed. From time to time it has been suggested that nevertheless the two magnitudes have moved together in a stable manner. In this article we demonstrate that no such convenient coincidental movement appears to have been recorded in the UK and hence that it is possible for the government to permit variations in the PSBR to try to offset the recession even while maintaining a medium-term regime of monetary targets. The article was written
Издатель Sage Publications
Название 3. The Money Supply and the Psbr
Тип Journal Article
DOI 10.1177/002795018009400103
Print ISSN 0027-9501
Журнал National Institute Economic Review
Том 94
Первая страница 19
Последняя страница 22
Выпуск 1

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