Political Instability and Inflation Volatility

Francisco Veiga and Ari Aisen

No 2006/212, IMF Working Papers from International Monetary Fund

Abstract: The purpose of this paper is to empirically determine the causes of worldwide diversity of inflation volatility. We show that higher degrees of political instability, ideological polarization, and political fragmentation are associated with higher inflation volatility.

Keywords: WP; inflation volatility; fiscal policy; monetary policy; standard deviation (search for similar items in EconPapers)
Pages: 9
Date: 2006-09-01
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Citations: View citations in EconPapers (15)

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Related works:
Journal Article: Political instability and inflation volatility (2008)
Working Paper: Political Instability and Inflation Volatility (2006)
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