The Nonmonetary Determinants of Inflation : A Panel Data Study /

This paper explains inflation performance in a sample of industrial and transition economies by looking at policymakers' incentives to inflate the economy, and the perceived costs of disinflation. It finds a significant effect of fiscal deficits on inflation, particularly (but not exclusively)...

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Bibliographic Details
Main Author: Cottarelli, Carlo
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1998.
Series:IMF Working Papers; Working Paper ; No. 1998/023
Online Access:Full text available on IMF

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