Political Instability and Inflation Volatility /

The purpose of this paper is to empirically determine the causes of worldwide diversity of inflation volatility. We show that higher degrees of political instability, ideological polarization, and political fragmentation are associated with higher inflation volatility.

Bibliographic Details
Main Author: Veiga, Francisco Jose
Other Authors: Aisen, Ari
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006.
Series:IMF Working Papers; Working Paper ; No. 2006/212
Subjects:
Online Access:Full text available on IMF