Arbeitspapier
When are fiscal deficits inflationary in low-income countries?
Previous research has found that the relationship between fiscal deficits and inflation is conditional on income levels: deficits tend to be inflationary in developing countries but not in advanced economies. We show that within low-income countries (LICs) the relationship is again conditional: only when relatively poor institutions fail to hold governments accountable to the general public are fiscal deficits inflationary in LICs.
- Language
-
Englisch
- Bibliographic citation
-
Series: CREDIT Research Paper ; No. 20/02
- Classification
-
Wirtschaft
Price Level; Inflation; Deflation
National Deficit; Surplus
Fiscal and Monetary Policy in Development
- Subject
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Fiscal deficits
Inflation
Government accountability
- Event
-
Geistige Schöpfung
- (who)
-
Bleaney, Michael F.
Morozumi, Atsuyoshi
Mumuni, Zakari
- Event
-
Veröffentlichung
- (who)
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The University of Nottingham, Centre for Research in Economic Development and International Trade (CREDIT)
- (where)
-
Nottingham
- (when)
-
2020
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Bleaney, Michael F.
- Morozumi, Atsuyoshi
- Mumuni, Zakari
- The University of Nottingham, Centre for Research in Economic Development and International Trade (CREDIT)
Time of origin
- 2020
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