Abstract
Sections 5.1 and 5.2 pivot on the criterion for the optimum quantity of public debt, generalizing that for the optimum quantity of money — see Friedman (1969). The study is at the juncture of monetary and fiscal theory.
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© 1991 M. L. Burstein
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Burstein, M.L. (1991). A Monetary Analysis of Public Debt. In: The New Art of Central Banking. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-11626-3_5
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DOI: https://doi.org/10.1007/978-1-349-11626-3_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-11628-7
Online ISBN: 978-1-349-11626-3
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