Fiscal deficit and inflation : a new look at the emerging market evidence /

Empirical studies have had little success in finding a statistically significant relationship between fiscal deficits and inflation in broad cross-country panels. This paer provides new econometric estimates for a panel of 23 emerging market countries during 1970-2000. We find that a 1 percentage po...

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Bibliographic Details
Main Author: Catao, Luis
Other Authors: Terrones, Marco
Format: Book
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001
Series:IMF working paper ; no. WP/01/74
Subjects: