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A Growth Model of Inflation, Tax Evasion, and Financial Repression

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NBER1992-05-01 更新2025-01-04 收录
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In this paper we study the effects of policies of financial repression on long term growth and try to explain why optimizing governments might want to repress the financial sector. We also explain why inflation may be negatively related to growth, even though it does not affect growth directly. We

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1992-05-01
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