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http://hdl.handle.net/2259/615
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| Title: | FIscal Deficits and the Interest Rate |
| Authors: | Bhattacharya, Jyotirmoy |
| Keywords: | Fiscal Deficits
Interest Rate
Fiscal Policy
Monetary Policy |
| Issue Date: | 30-May-2009 |
| Publisher: | Economic and Political Weekly |
| Abstract: | There is no reason why larger borrowing by the government beed raise interest rates in the economy. Is it a case of prejudice in favour of "small" government that is the reason for the continued currency of this view? Or even if the expressed view is due to a desire to keep foreign institutional investors happy, should it not be better to control speculative capital directly instead of recommending deflationary fiscal policies in the midst of a recession ?...... |
| Description: | May 30, 2009. Vol XLIV NO 22. |
| URI: | http://hdl.handle.net/2259/615 |
| Appears in Collections: | Journal Articles
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| jyothirmoy 1.pdf | | 1161Kb | Adobe PDF | View/Open |
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