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Does Political Instability Lead to Higher Inflation? A Panel Data Analysis

Does Political Instability Lead to Higher Inflation? A Panel Data Analysis »

Source: Does Political Instability Lead to Higher Inflation? A Panel Data Analysis

Volume/Issue: 2005/49

Series: IMF Working Papers

Author(s): Ari Aisen , and Francisco José Veiga

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2005

ISBN: 9781451860689

Keywords: volatility, political instability, institutions, inflation rate, monetary fund, high inflation, inflation rates,

Economists generally accept the proposition that high inflation rates generate inefficiencies that reduce society's welfare and economic growth. However, determining the causes of the worldwide diversity of inflati...

Government Finance in a Model of Currency Substitution

Government Finance in a Model of Currency Substitution »

Source: Government Finance in a Model of Currency Substitution

Volume/Issue: 1993/80

Series: IMF Working Papers

Author(s): Lihong Liu , and Anne Sibert

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1993

ISBN: 9781451955477

Keywords: money growth, inflation, money demand, monetary policy, monetary fund

Our model is a variant of the cash-in-advance model. Goods must be purchased in the seller’s currency, but currency may be traded before shopping at a cost. This cost is a measure of substitutability. The mo...

Does Political Instability Lead to Higher Inflation? A Panel Data Analysis

Does Political Instability Lead to Higher Inflation? A Panel Data Analysis »

Volume/Issue: 2005/49

Series: IMF Working Papers

Author(s): Ari Aisen , and Francisco José Veiga

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2005

DOI: http://dx.doi.org/10.5089/9781451860689.001

ISBN: 9781451860689

Keywords: volatility, political instability, institutions, inflation rate, monetary fund, high inflation, inflation rates,

Economists generally accept the proposition that high inflation rates generate inefficiencies that reduce society's welfare and economic growth. However, determining the causes of the worldwide diversity of inflati...

Government Finance in a Model of Currency Substitution

Government Finance in a Model of Currency Substitution »

Volume/Issue: 1993/80

Series: IMF Working Papers

Author(s): Lihong Liu , and Anne Sibert

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1993

DOI: http://dx.doi.org/10.5089/9781451955477.001

ISBN: 9781451955477

Keywords: money growth, inflation, money demand, monetary policy, monetary fund

Our model is a variant of the cash-in-advance model. Goods must be purchased in the seller’s currency, but currency may be traded before shopping at a cost. This cost is a measure of substitutability. The mo...

Political Instability and Inflation Volatility

Political Instability and Inflation Volatility »

Volume/Issue: 2006/212

Series: IMF Working Papers

Author(s): Francisco José Veiga , and Ari Aisen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2006

DOI: http://dx.doi.org/10.5089/9781451864724.001

ISBN: 9781451864724

Keywords: volatility, political instability, institutions, inflation rates, high inflation, monetary fund,

The purpose of this paper is to empirically determine the causes of worldwide diversity of inflation volatility. We show that higher degrees of political instability, ideological polarization, and political fragmen...

Political Instability and Inflation Volatility1

Political Instability and Inflation Volatility1 »

Source: Political Instability and Inflation Volatility

Volume/Issue: 2006/212

Series: IMF Working Papers

Author(s): Francisco José Veiga , and Ari Aisen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2006

ISBN: 9781451864724

Keywords: volatility, political instability, institutions, inflation rates, high inflation, monetary fund,

The purpose of this paper is to empirically determine the causes of worldwide diversity of inflation volatility. We show that higher degrees of political instability, ideological polarization, and political fragmen...