Fiscal Deficits and Inflation /

Macroeconomic theory postulates that fiscal deficits cause inflation. Yet empirical research has had limited success in uncovering this relationship. This paper reexamines the issue in light of broader data and a new modeling approach that incorporates two key features of the theory. Unlike previous...

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Detalles Bibliográficos
Autor principal: Catao, Luis
Otros Autores: Terrones, Marco
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2003.
Colección:IMF Working Papers; Working Paper ; No. 2003/065
Acceso en línea:Full text available on IMF