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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Bibliografische gegevens
Hoofdauteur: Catao, Luis
Andere auteurs: Terrones, Marco
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2003.
Reeks:IMF Working Papers; Working Paper ; No. 2003/065
Online toegang:Full text available on IMF