The effect of corruption, seigniorage and borrowing on inflation
Purpose – Governments may finance its expenditures through multiple resources; however, seigniorage and borrowing are commonly used. The authors think that in the presence of corruption, the use of public finance may result in inflationary effect that leads to higher level of inflation, which in tur...
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| Format: | Article |
| Language: | English |
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Emerald Publishing
2019-03-01
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| Series: | PSU Research Review |
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| Online Access: | https://www.emerald.com/insight/content/doi/10.1108/PRR-08-2017-0036/full/pdf?title=the-effect-of-corruption-seigniorage-and-borrowing-on-inflation |