Finance and Economics Discussion Series: Inflation and the Size of Government

by Han, Song
ISBN: 9781288715992
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Overview

It is commonly supposed in public and academic discourse that inflation and big government are related. We show that economic theory delivers such a prediction only in special cases. As an empirical matter, inflation is significantly positively related to the size of government mainly when periods of war and peace are compared. We find a weak positive peacetime time series correlation between inflation and the size of government and a negative cross-country correlation of inflation with non-defense spending.
  • Format: Trade Paperback
  • Author: Han, Song
  • ISBN: 9781288715992
  • Condition: New
  • Dimensions: 9.69 x 0.10
  • Number Of Pages: 48
  • Publication Year: 2013
Language: English