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Do budget deficits cause inflation?

Author

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  • Keith Sill

Abstract

Keith Sill examines the theory and evidence on the link between fiscal and monetary policy and, thus, between deficits and inflation. Sill concludes that whether deficits lead to inflation depends on the extent to which a country?s monetary policy is independent.

Suggested Citation

  • Keith Sill, 2005. "Do budget deficits cause inflation?," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 26-33.
  • Handle: RePEc:fip:fedpbr:y:2005:i:q3:p:26-33
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    File URL: https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/business-review/2005/q3/Q3_05_Sill.pdf
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    Citations

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    Cited by:

    1. Salahodjaev, Raufhon, 2015. "Does intelligence help fighting inflation: an empirical test?," MPRA Paper 66882, University Library of Munich, Germany.
    2. Talknice Saungweme & Nicholas M. Odhiambo, 2020. "The impact of public debt service on economic growth: empirical evidence from Zambia," International Journal of Revenue Management, Inderscience Enterprises Ltd, vol. 11(3), pages 172-189.
    3. Saungweme, Talknice & Odhiambo, Nicholas M, 2019. "The impact of debt service on economic growth:Empirical evidence from Zambia," Working Papers 25652, University of South Africa, Department of Economics.

    More about this item

    Keywords

    Budget deficits; Inflation (Finance);

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