This paper aims to investigate the interaction between monetary and fiscal policies in Turkey. For this purpose, a …

factors impact the inflation rate. This study delves into the complex relationship between budgetary shocks, economic … uncertainty, and inflation within the context of the Russian economy. The aim of this study is to unravel how budgetary decisions …, made amidst a globally uncertain economic environment, influence inflation dynamics. In other words, the objective of this …

independence and inflation. In this paper, we construct a theory where the relationship between inflation and central bank … inflation or costly fiscal expansion) rejects the monetary policy proposal of the central bank (which aims to minimize inflation …, increasing the fixed cost of rejecting the central bank's offer creates two opposite effects on inflation: delegation effect and …

inflation expectations driven by evolutionary dynamics. We show that at the ELB, fiscal policy conducted in accordance with a … interventions have both a direct effect on output and inflation (via aggregate demand formation) and an indirect effect on these …

implications of fiscal policy shocks on inflation, monetary policy, and fiscal authorities in the context of South Africa. The … unexpected increases in national government expenditure led to counterintuitive initial decreases in inflation. This highlights … the complexity of inflation dynamics and challenges existing paradigms. Moreover, the lagged response of inflation to …

. This paper provides the most comprehensive assessment of the distributional incidence of Turkey's fiscal policy to date. It … Turkey's achievements against peer countries. The results show that fiscal policy significantly reduces income inequality in … Turkey, driven by social spending on education and health, and complemented by direct taxes and transfer schemes that …

. This is an advantage over monetary policy, which can only influence inflation indirectly by shifting the IS curve. In the …

This paper analyses the distributional impact of high consumer inflation in the euro area and government measures to … quantify the distributional impact of inflation, income support measures and measures aimed at containing prices. The analysis … confirms that purchasing power and welfare were more severely affected by the 2022 inflation surge in lower-income households …