The outbreak of the SARS-CoV-2 virus in early 2020, known as COVID-19, spread to more than 200 countries and negatively affected the global economic output. Financial activities were primarily depressed, and investors were reluctant to start new financial investments while ongoing projects...

A lack of price stability exerts harmful effects on the economy not only through changes in the price level but also through increased price level uncertainty. This paper investigates whether fiscal policy may have an impact on price volatility or not? The study further evaluates the short- and...