Optimal Inflationary and Reserve Requirement Policies: A Study of an Economy with an Informal Sector

Governments in developing economies often resort to taxing bank money balances through imposition of high reserve requirements and also by relying on seigniorage to finance their deficits. In the context of those practices, this research attempts to answer the following questions. First, why do deve...

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Bibliographic Details
Main Author: Ali, Hamid E.
Format: Article
Language:English
Published: Universiti Utara Malaysia 2011
Subjects:
Online Access:http://repo.uum.edu.my/25047/1/IJBF%208%201%202011%2021%2034.pdf
http://repo.uum.edu.my/25047/
http://ijbf.uum.edu.my/index.php/previous-issues/141-the-international-journal-of-banking-and-finance-ijbf-vol-8-no-1-march-2011
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