Deflation and Public Finances : Evidence from the Historical Records /
This paper examines the impact of deflation on fiscal aggregates. With deflation relatively rare in modern history, it relies mostly on the historical records, using a dataset panel covering 150 years and 21 advanced economies. Empirical evidence shows that deflation affects public finances mostly t...
| Главный автор: | |
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| Другие авторы: | , , |
| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2015.
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| Серии: | IMF Working Papers; Working Paper ;
No. 2015/176 |
| Online-ссылка: | Full text available on IMF |