Lin, Hsin-Yi; Chu, Hao-Pang - In: Journal of International Money and Finance 32 (2013) C, pp. 214-233
This paper applies the dynamic panel quantile regression (DPQR) model under the autoregressive distributional lag (ARDL) specification, and examines the deficit–inflation relationship in 91 countries from 1960 to 2006. The DPQR model estimates the impact of deficits on inflation at various...
