The recent rise in price pressures around the world has reignited interest in understanding how inflation transmits to … the real economy. Economists have long recognized that unexpected surges of inflation can redistribute wealth from …, which we call the debt-inflation channel, is well understood theoretically (for example, Gomes, Jermann, and Schmid 2016 …

external debt and inflation. Proper external debt management is crucial to control inflation rates in Sudan. …Purpose - This study aims to examine the symmetric and asymmetric impact of external debt on inflation in Sudan from … additional inflation determinants. Design/methodology/approach - The authors utilize an Auto Regressive Distributed Lag (ARDL …

This paper explores the effect of inflation supply and demand shocks on government debt. It identifies the shocks using …

We study how the co-movement of inflation and economic activity affects real interest rates and the likelihood of debt … crises. First, we show that for advanced economies, periods with procyclical inflation are associated with lower real … interest rates. Procyclical inflation implies that nominal bonds pay out more in bad times, making them a good hedge against …

UK time-series data are used to document that the ratio of inflation-linked debt to total public debt (“linker share …”) is procyclical. The business cycle properties of the linker share indicate a positive relationship with inflation, even … after controlling for breakeven inflation. This can be explained by the tax-smoothing incentives of the government in a …

economic growth. This paper examines the roles of three other factors: primary budget surpluses, surprise inflation, and pegged … inflation and the pre-Accord peg. In this counterfactual, debt/GDP declines only to 74% in 1974, not 23% as in actual history …

This study examines external debt pass-through to inflation in Nigeria using annual data from 1981 to 2020 based on … significant depreciation of the exchange rate, which leads to a contemporaneous increase in inflation, while the direct response … of inflation to external debt is statistically not significant. The impulse response confirms these results. The forecast …