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Browsing Serie Banca Central, análisis y políticas económicas (artículos) by Author "Bianchi, Francesco"
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Fiscal inflation and cosmetic defaults in a small open economy
Bianchi, Francesco (Banco Central de Chile, 2021-10)For a small open economy, maintaining a stable exchange rate and moderate levels of inflation is often a goal of primary importance. At the same time, the profession has recognized the tight link between fiscal and monetary ...