Do budget deficits cause inflation?

Business Review, 2005, issue Q3, pages 26-33

Abstract: Keith Sill examines the theory and evidence on the link between fiscal and monetary policy and, thus, between deficits and inflation. Sill concludes that whether deficits lead to inflation depends on the extent to which a country’s monetary policy is independent.

Keywords: Budget deficits; Inflation (Finance) (search for similar items in EconPapers)
Date: 2005 Written 2005

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