Effects on Inflation

James Perkins

Chapter 5 in Budget Deficits and Macroeconomic Policy, 1997, pp 63-77 from Palgrave Macmillan

Abstract: Abstract In deciding on its macroeconomic measures, a government cannot reasonably consider only the relative effects of different measures on output and employment (or unemployment). Some account of the relative effects on inflation has to be taken, even though the prevailing rates of inflation have been much lower in recent years than over the preceding two or three decades, if only because of the risk of bringing about a recrudescence of high rates of inflation.

Keywords: Budget Deficit; Indirect Taxation; Social Security Contribution; Direct Taxation; Government Borrowing (search for similar items in EconPapers)
Date: 1997
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DOI: 10.1057/9780230373280_5

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