Political Instability and Inflation Volatility |
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| Author:
| Veiga, Francisco Jos
Aisen, Ari |
| Series title: | IMF Working Papers |
| ISBN: | 978-1-4623-0035-8 |
| Publication Date: | Sep 2006 |
| Publisher: | International Monetary Fund
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| Book Format: | Ebook |
| List Price: | USD $9.00 |
Book Description:
|
The purpose of this paper is to empirically determine the causes of worldwide diversity of inflation volatility. We show that higher degrees of political instability, ideological polarization, and political fragmentation are associated with higher inflation volatility.
The purpose of this paper is to empirically determine the causes of worldwide diversity of inflation volatility. We show that higher degrees of political instability, ideological polarization, and political fragmentation are associated with higher inflation volatility.