Deficits and inflation; Are monetary and financial institutions worthy to consider or not?

Institutions are important to analyze the relationship between deficits and inflation. This study examines whether deficits are inflationary or not in the presence of dependent central bank and fragile financial markets. A panel dataset has been used for eleven Asian countries from 1981 to 2010. Est...

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Bibliographic Details
Main Authors: Tahira Ishaq, Hassan M. Mohsin
Format: Article
Language:English
Published: Elsevier 2015-09-01
Series:Borsa Istanbul Review
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2214845015000149