We examine the relationship between inflation and fiscal sustainability with a two-step approach. In the first step, we … various measures of inflation such as headline inflation, core inflation, energy inflation, and food inflation affect the … estimate of fiscal sustainability found previously. Our findings indicate that higher inflation rates contribute positively to …

We examine the relationship between inflation and fiscal sustainability with a two-step approach. In the first step, we … various measures of inflation such as headline inflation, core inflation, energy inflation, and food inflation affect the … estimate of fiscal sustainability found previously. Our findings indicate that higher inflation rates contribute positively to …

government expenditures is higher from 2010 onwards, and, for higher average public debt ratios, the response is lower, while … (iii) the response of the primary government balance to the lagged public debt ratio is lower from 2010 onwards and is …, especially before 2010 and in countries whose average public debt ratio is between 60 and 90% of GDP. Using a rolling window …