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
Recommended Citation
Brown, K. H. and Yousefi, M., "Deficits, inflation and central banks' independence: Evidence from developing nations" (1996). Faculty Publications. 4171.
https://scholarworks.uni.edu/facpub/4171
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