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Political Instability and Inflation Volatility Author info | Abstract | Publisher info | Download info | Related research | Statistics Ari Aisen () (International Monetary Fund)
Francisco José Veiga () (Universidade do Minho - NIPE )
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The purpose of this paper is to empirically determine the causes of the worldwide diversity of inflation volatility. We show that higher degrees of political instability, ideological polarization and political fragmentation are associated with higher inflation volatility.
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Paper provided by NIPE - Universidade do Minho in its series NIPE Working Papers with number
2/2006.
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Date of creation: 2006Date of revision:
Handle: RePEc:nip:nipewp:2/2006Contact details of provider: Postal: Núcleo de Investigação em Políticas Económicas, Escola de Economia e Gestão, Universidade do Minho, P-4710-057 Braga, Portugal Phone: +351-253604510 ext 5532 Fax: +351-253601380 Email: Web page: http://www3.eeg.uminho.pt/economia/nipe/versao_inglesa/index_uk.htm More information through EDIRC
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Keywords: Inflation ; volatility ; political instability ; institutions. ; Other versions of this item:
Find related papers by JEL classification: E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Gernot Pehnelt, 2007.
"Globalisation and Inflation in OECD Countries ,"
Jena Economic Research Papers in Economics
2007-055, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics, Thueringer Universitaets- und Landesbibliothek.
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