Checherita-Westphal, Cristina; Leiner-Killinger, Nadine; … - 2023
is difficult to find robust evidence of the fiscal policy stance or impulse impacting directly on inflation differentials …. We do find, however, support for an indirect effect of discretionary fiscal policy on inflation differentials working … inflation differentials - with fiscal tightening cooling (and fiscal expansion increasing) inflation pressures - when the …