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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 …
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This article provides evidence of a link between specialization patterns-in intermediate inputs or final goods-and business cycle correlations: countries with a similar intermediate goods content of exports tend to have more correlated gross domestic product fluctuations and external balances....
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Keynesian monetary and fiscal policies have served as the fundamental government reaction to economic hardship since the development of Keynesian economic theory. With Keynesian policies having a major impact on economic outcomes, the success and effectiveness of these policies must be...
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