Government Deficits, Monetization, International Reserve Flows, and Inflation in Selected African Countries

George Karatzas

Economia Internazionale / International Economics, 1993, vol. 46, issue 2-3, 201-224

Abstract: In this paper the link between inflation and deficit finance through debt monetization and changes in the international reserve inflows is investigated. It is found that changes in the monetization of government debt and in the international reserve inflows had a strong impact on domestic prices. Conversely, the results of the experiment suggest that government deficits had no impact on domestic prices. Also, the results imply that government budget defieits are positively associated with external borrowing.

Date: 1993
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:ecoint:0439

Access Statistics for this article

Economia Internazionale / International Economics is currently edited by Giovanni Battista Pittaluga

More articles in Economia Internazionale / International Economics from Camera di Commercio Industria Artigianato Agricoltura di Genova Via Garibaldi 4, 16124 Genova, Italy. Contact information at EDIRC.
Bibliographic data for series maintained by Angela Procopio ().