Public Debt, Money Supply, and Inflation : A Cross-Country Study and Its Application to Jamaica /

This paper provides comprehensive empirical evidence that supports the predictions of Sargent and Wallace's (1981) "unpleasant monetarist arithmetic" that an increase in public debt is typically inflationary in countries with large public debt. Drawing on an extensive panel dataset, w...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Kwon, Goohoon
مؤلفون آخرون: McFarlane, Lavern, Robinson, Wayne
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2006.
سلاسل:IMF Working Papers; Working Paper ; No. 2006/121
الوصول للمادة أونلاين:Full text available on IMF