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.
- Sprache
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Englisch
- Erschienen in
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Series: CREDIT Research Paper ; No. 20/02
- Klassifikation
-
Wirtschaft
Price Level; Inflation; Deflation
National Deficit; Surplus
Fiscal and Monetary Policy in Development
- Thema
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Fiscal deficits
Inflation
Government accountability
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bleaney, Michael F.
Morozumi, Atsuyoshi
Mumuni, Zakari
- Ereignis
-
Veröffentlichung
- (wer)
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The University of Nottingham, Centre for Research in Economic Development and International Trade (CREDIT)
- (wo)
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Nottingham
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:25 MESZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Bleaney, Michael F.
- Morozumi, Atsuyoshi
- Mumuni, Zakari
- The University of Nottingham, Centre for Research in Economic Development and International Trade (CREDIT)
Entstanden
- 2020