Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7368832 | Journal of Monetary Economics | 2015 | 7 Pages |
Abstract
- Study debt-to-GDP ratios, inflation, and inflation risk proxies in U.S. data 1970-2012.
- In a simple model, government debt raises expected inflation and risk of inflationary recessions.
- In contrast, U.S. government debt-to-GDP not strongly related to inflation or inflation risk.
- Results highlight data limitations when estimating how government debt affects inflation risk.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Carolin E. Pflueger,