Fiscal policy and excess inflation during Covid-19: a cross-country view

François de Soyres, Ana Maria Santacreu and Henry L. Young

No 2022-07-15-1, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: The recent surge in inflation in many countries around the world and the fiscal stimulus provided in the face of the COVID-19 pandemic has renewed interest in analyzing the potential role of large fiscal spending as a driver of price increases. In this note, we examine how fiscal support impacted the balance between supply and demand across countries during the COVID-19 crisis.

Date: 2022-07-15
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2022-07-15-1

DOI: 10.17016/2380-7172.3083

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