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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| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2003.
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| Серии: | IMF Working Papers; Working Paper ;
No. 2003/065 |
| Online-ссылка: | Full text available on IMF |