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  • 标题:Interconnections between Public Indebtedness and Inflation in Contemporary Economies
  • 本地全文:下载
  • 作者:Irina Bilan ; Angela Roman
  • 期刊名称:Economics & Sociology (Ternopil)
  • 印刷版ISSN:2071-789X
  • 电子版ISSN:2306-3459
  • 出版年度:2014
  • 卷号:7
  • 期号:4
  • DOI:10.14254/2071-789X.2014/7-4/4
  • 出版社:Centre of Sociological Research
  • 摘要:This paper aims to analyze the specific interconnections established between public indebtedness and inflation , both from the perspective of considering inflation as a result of public borrowing and of voluntarily promoting inflation to reduce the (real) value of public debt and to ease its burden . It identifies the channels through which these effects are occurring , it determines the conditions of their manifestation and evaluates their relevance for different ( developed and developing ) contemporary economies . Although promoting irrational public borrowing may lead to inflation , such a correlation proved to be quite difficult to identify in the practice , especially for currently developed economies
  • 关键词:public indebtedness; inflation; money supply; debt amortization
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