Series: IMF Working Papers
Author(s): Ari Aisen , and David Hauner
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2008
Keywords: system GMM, inflation, budget deficit, money supply,
We extend the literature on budget deficits and interest rates in three ways: we examine both advanced and emerging economies and for the first time a large emerging market panel; explore interactions to explain so...