Origins of US Inflation

Christopher A. Sims

AEA Papers and Proceedings, 2024, vol. 114, 90-94

Abstract: Measuring fiscal pressure on inflation by the ratio of the primary deficit to the outstanding federal debt, this paper traces its growth through the 1970s, along with the shifts in the politics of deficits. There are thought-provoking parallels to the pandemic-era deficits and the subsequent inflation.

JEL-codes: E31 H62 H63 N12 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1257/pandp.20241052

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