Faculty Publications

Title

Deficits, inflation and central banks' independence: Evidence from developing nations

Document Type

Article

Journal/Book/Conference Title

Applied Economics Letters

Volume

3

Issue

8

First Page

505

Last Page

509

Abstract

Deficits should Granger-cause inflation in developing countries since the central banks are not autonomous. Nevertheless, our empirical results refute the causality between government deficits and inflation in a study of ten developing countries.

Original Publication Date

1-1-1996

DOI of published version

10.1080/135048596356122

Share

COinS