Do budget deficits cause inflation?

Keith Sill examines the theory and evidence on the link between fiscal and monetary policy and, thus, between deficits and inflation. Sill concludes that whether deficits lead to inflation depends on the extent to which a country’s monetary policy is independent.

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Year of publication:	2005
Authors:	Sill, Keith
Published in:	Business Review. - Federal Reserve Bank of Philadelphia. - 2005, Q3, p. 26-33
Publisher:	Federal Reserve Bank of Philadelphia
Subject:	Budget deficits \| Inflation (Finance)

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004967425