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Inflation is not always and everywhere a monetary phenomenon

Antonella Tutino () and Carlos Zarazaga ()

Economic Letter, 2014, vol. 9, issue 6, 4 pages

Abstract: Fiscal policy is as significant as, and sometimes more important than, monetary policy in determining the price level and, therefore, the dynamics of inflation.

Keywords: Fiscal policy; Monetary policy; Inflation (Finance) (search for similar items in EconPapers)
Date: 2014
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Handle: RePEc:fip:feddel:00008