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Fiscal dominance and inflation: evidence from Sub-Saharan Africa

During the Covid-19 pandemic, the debate on monetary financing was reignited and several economists called for governments to borrow from their central banks to finance larger deficits. Sub-Saharan Africa provides useful insights into this debate since it is a region where “fiscal dominance” has lon...

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Principais autores: John Hooley Hooley, Lam Nguyen, Mika Saito, Shirin Nikaein Towfighian
Format: Artigo
Sprog:Inglês
Udgivet: Institute of Public Finance 2024-01-01
Serier:Public Sector Economics
Fag:
inflation
monetary policy
central bank
fiscal policy
fiscal dominance
quasi-fiscal
Online adgang:https://hrcak.srce.hr/file/463172
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