The Resource Fiscal deficits and inflation : a new look at the emerging market evidence, Luis Catão and Marco Terrones

Fiscal deficits and inflation : a new look at the emerging market evidence, Luis Catão and Marco Terrones

Label
Fiscal deficits and inflation : a new look at the emerging market evidence
Title
Fiscal deficits and inflation
Title remainder
a new look at the emerging market evidence
Statement of responsibility
Luis Catão and Marco Terrones
Creator
Contributor
Subject
Genre
Language
eng
Summary
Empirical studies have had little success in finding a statistically significant relationship between fiscal deficits and inflation in broad cross-country panels. This paper provides new econometric estimates for a panel of 23 emerging market countries during 1970-2000. Unlike previous studies, we allow for a rich dynamic specification and focus on the long-run relationship between the two variables controlling for differences in the inflation tax base. We find that a 1 percentage point reduction in the ratio of fiscal deficit to GDP typically lowers long-run inflation by 1 1/2 to 6 percentage points, depending on the size of the inflation tax base
Member of
Action
digitized
Cataloging source
OCLCE
Government publication
international or intergovernmental publication
Illustrations
illustrations
Index
no index present
LC call number
HG3881.5.I58
LC item number
W67 no.01/74
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/01/74
Label
Fiscal deficits and inflation : a new look at the emerging market evidence, Luis Catão and Marco Terrones
Publication
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references (pages 29-31)
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn647542162
Dimensions
unknown
Extent
1 online resource (31 pages)
File format
one file format
Form of item
online
Isbn
9781281263766
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
illustrations
http://library.link/vocab/recordID
.b37177874
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)647542162
  • imf1281263761
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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