Political instability, political freedom and inflation

$54.78 plus tax (Refund Policy)

Buy Article:

Abstract:

Using a dynamic panel data approach, we estimate the impact of the political and institutional factors on inflation. Estimation results show that a lower degree of political instability generates lower inflation only for developed and low-inflation countries. However, when political freedom is taken into account, political instability appears to be influential on inflation also for developing countries and turns out to be significant only for high-inflation countries. Such findings emphasize the inflation-reducing effects of political stability depending on democratic political structure.

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/00036840802360237

Affiliations: 1: Department of Economics, Hacettepe University, Beytepe, Ankara, Turkey 2: Department of Public Finance, Hacettepe University, Beytepe, Ankara, Turkey

Publication date: December 1, 2010

More about this publication?
Related content

Share Content

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more