Budget Deficits: A Major Cause of Inflation?

This paper examines the proposition that budget deficits are a major cause of inflation. Economic theory does not unconditionally support the proposition, and available empirical evidence does not support the proposition. During periods of expansion, 1949–1973, the increases in the money supply that...

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Veröffentlicht in:	Public Finance Quarterly 1978-01, Vol.6 (1), p.115-127
Hauptverfasser:	Sharp, Ansel M., Flenniken, Phyllis Smith
Format:	Artikel
Sprache:	eng
Schlagworte:	Budget deficits Debt Deficit financing Economic development Financial planning Hypotheses Inflation Public finance Studies United States
Online-Zugang:	Volltext
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