El déficit cuasifiscal del Banco Central de la República Dominicana

The quasi-fiscal deficit of the Central Bank of the Dominican Republic

Alexis Cruz-Rodriguez

MPRA Paper from University Library of Munich, Germany

Abstract: The objective of this paper is to analyse the quasi-fiscal deficit of the Central Bank of the Dominican Republic, seeing the importance of certificate placements and the accumulation of international reserves on the quasi-fiscal deficit and the implications of said deficit for economic policy. In addition, some proposals are presented for its reduction and/or elimination.

Keywords: Quasi-fiscal deficit; international reserves. (search for similar items in EconPapers)
JEL-codes: E51 E58 E63 (search for similar items in EconPapers)
Date: 2006-06-20
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:109191

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