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Inflation is not always and everywhere a monetary phenomenon

Author

Listed:
  • Antonella Tutino
  • Carlos E. Zarazaga

Abstract

Fiscal policy is as significant as, and sometimes more important than, monetary policy in determining the price level and, therefore, the dynamics of inflation.

Suggested Citation

  • Antonella Tutino & Carlos E. Zarazaga, 2014. "Inflation is not always and everywhere a monetary phenomenon," Economic Letter, Federal Reserve Bank of Dallas, vol. 9(6), pages 1-4, June.
    • Handle: RePEc:fip:feddel:00008
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    Citations

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    Cited by:

    1. Cheng-Wen Lee & Andrian Dolfriandra Huruta, 2021. "Reexamining The Quantity Theory Of Money: An Empirical Analysis From The Joint Hypothesis," Economic Review: Journal of Economics and Business, University of Tuzla, Faculty of Economics, vol. 19(1), pages 3-12, May.
    2. Maria Cristina Marcuzzo, 2017. "The “Cambridge” critique of the quantity theory of money: A note on how quantitative easing vindicates it," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 40(2), pages 260-271, April.
    3. Srinita Srinita & Kharisya Ayu Effendi, 2021. "Energy Policy Analysis, Monetary and Fiscal on Inflation Volatility in Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 11(2), pages 309-314.
    4. Vladimir Filipovski, 2023. "Alternative Theories Of Monetary Policy," Shaping Post-COVID World – Challenges for Economic Theory and Policy, in: Aleksandra Praščević & Miomir Jakšić & Mihail Arandarenko & Dejan Trifunović & Milutin Ješić (ed.),Shaping Post-COVID World – Challenges for Economic Theory and Policy, chapter 6, pages 107-133, Faculty of Economics and Business, University of Belgrade.
    5. repec:beo:swcetp:23-06 is not listed on IDEAS

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