What Causes Inflation? - The Relationship between Central Bank Policies and Inflation

Andras Balogh ()
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Andras Balogh: Magyar Nemzeti Bank

Financial and Economic Review, 2021, vol. 20, issue 4, 144-156.

Abstract: This article uses examples from economic history and crises to examine the factors that contribute to the development of periods of high inflation, with a particular focus on the role of different fields of economic policy. With reference to the economic theories underlying economic policy considerations, the paper also briefly introduces an emerging approach, the Modern Monetary Theory, and discusses its messages on inflation.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:mnb:finrev:v:20:y:2021:i:4:p:144-156.

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