into consideration the evolution of the inflation rate of the country. The uncontrolled inflation rate follows an Ornstein … debt-to-GDP ratio under an inflation-dependent ceiling. This curve is the free-boundary of an associated fully two …

The paper aims to investigate the economic relationship between inflation and domestic debt. In countries that … experience high inflation, the inflationary process fed on increasing costs of domestic debt. As a result, the increasing debt to … countries into three groups. First group consists of Mexico, Turkey and Brazil; countries with high inflation experiences which …

This study analyses the impact of economic catching-up on annual inflation rates in the European Union with a special … Balassa-Samuelson effect is not an important driver of inflation rates. By contrast, we find that the initial price level and … regulated prices strongly affect inflation outcomes in a nonlinear manner and that the extension of Engel’s Law may hold during …

substantially. The reason for this non-monotonic behavior is the interaction between the dynamics of the inflation rate and the debt … steady state. -- Fiscal Multiplier ; New Keynesian Model ; Government Debt ; Inflation …

Monetary Zone (WAMZ) countries and explores the response of fiscal convergence to divergence of public debt levels, inflation … strong evidence that reducing divergence in public debt levels, inflation rates and current account balances would reduce …

This paper investigates the international spillovers of government debt and the associated risk of inflation within a … inflation at the cost of the funded country. In response to these conflicting interests about inflation, inflation risk may rise … with the level of debt in the PAYG country. Higher inflation risk harms both countries. Actually, in contrast to the debt …

precedents and proposals have included austerity, haircuts and the generation of inflation. Each way has advantages and …, hyperinflation in Germany after World War I, inflation in Argentina since the 1980s, currency reform in Germany after WW II, and …

, fiscal consolidation, privatization, and wealth taxation) and heterodox options (inflation, financial repression, debt …