Fiscal determinants of inflation : a primer for the Middle East and North Africa /

Many countries in the Middle East and North Africa (MENA) region have recently experienced surges in money growth that apparently have not generated significant inflationary pressures. Moreover, several MENA countries have followed monetary policy rules that according to standard monetary theory sho...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Fanizza, Domenico (Autor), Söderling, Ludvig (Autor)
Autor Corporativo: International Monetary Fund. Middle East and Central Asia Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Middle East and Central Asia Dept., ©2006.
Colección:IMF working paper ; WP/06/216.
Temas:
Debts, Public > Africa, North.
Debts, Public > Middle East.
Fiscal policy > Africa, North.
Fiscal policy > Middle East.
Inflation (Finance) > Africa, North.
Inflation (Finance) > Middle East.
Inflation > Moyen-Orient.
Inflation > Afrique du Nord.
Politique fiscale > Afrique du Nord.
Politique fiscale > Moyen-Orient.
Dettes publiques > Afrique du Nord.
Dettes publiques > Moyen-Orient.
Debts, Public
Fiscal policy
Inflation (Finance)
North Africa
Middle East
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Contents
  • I. INTRODUCTION
  • II. MONEY AND PRICES IN THE MIDDLE EAST AND NORTH AFRICA: THE PUZZLE OF THE MISSING INFLATION
  • III. AN ALTERNATIVE ANALYTICAL FRAMEWORK: THE FISCAL THEORY OF PRICES
  • A. The Underlying Model: Standard Cash-in-Advance
  • B. Multiple Equilibria
  • IV. THE FISCAL THEORY OF THE PRICE LEVEL APPLIED TO MENA
  • V. IMPLICATIONS FOR FUND POLICY ADVICE
  • REFERENCES

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