文章基本信息

标题：Inflation and the Size of Government
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作者：Song Han ; Casey B. Mulligan
期刊名称：Federal Reserve Bank of St. Louis Review
印刷版ISSN：0014-9187
出版年度：2008
卷号：90
期号：03 PART 2
页码：245-268
出版社：Federal Reserve Bank of St. Louis
摘要：It is commonly supposed in public and academic discourse that inflation and big government are related. The authors show that economic theory delivers such a prediction only in special cases. As an empirical matter, inflation is significantly positively related to the size of government mainly when periods of war and peace are compared. The authors find a weak positive peacetime timeseries correlation between inflation and the size of government and a negative cross-country correlation of inflation with non-defense spending. (JEL E52, E61, E63)