Fiscal Deficits and Inflation : A New Look at the Emerging Market Evidence /

Empirical studies have had little success in finding a statistically significant relationship between fiscal deficits and inflation in broad cross-country panels. This paper provides new econometric estimates for a panel of 23 emerging market countries during 1970-2000. Unlike previous studies, we a...

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Bibliographic Details
Main Author: Terrones, Marco
Other Authors: Catao, Luis
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Working Papers; Working Paper ; No. 2001/074
Online Access:Full text available on IMF