Inflation and Public Debt Reversals in the G7 Countries /

This paper investigates the impact of low or high inflation on the public debt-to-GDP ratio in the G-7 countries. Our simulations suggest that if inflation were to fall to zero for five years, the average net debt-to-GDP ratio would increase by about 5 percentage points over the next five years. In...

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Bibliographic Details
Main Author: Akitoby, Bernardin
Other Authors: Binder, Ariel, Komatsuzaki, Takuji
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/096
Online Access:Full text available on IMF