The relationship between public balance and inflation in Europe

  • The study considers some of the factors determining budget balance. In particular, it investigates the relationship between budget balance and inflation. The analysis focuses on European states in the period between 1999 and 2007, and concludes that the relationship between budget balance and inflation is not demonstrable. In the literature, attempts to quantify the relationship between the two factors have faced severe difficulties. Inflation influences both the revenue side and the expenditure side of the budget, often increasing one and reducing the other at the same time. These effects might balance each other out, leaving the budget balance unchanged.

Download full text files

Export metadata

Additional Services

Share in Twitter Search Google Scholar
Institutes:Fakultät Sozial- und Wirtschaftswissenschaften / Lehrstuhl für Volkswirtschaftslehre, insbesondere Finanzwissenschaft
Author:Patrícia Miklós-Somogyi, László Balogh
Editor:Heinz-Dieter Wenzel, Felix Stübben
Contributing Corporation:BERG (Bamberg Economic Research Group)
Place of publication:Bamberg
Year of publication:2014
Pages / Size:23 S. : graph. Darst.
Collections (Serial Number):BERG working paper series (65)
Year of first publication:2009
Source/Other editions:zuerst erschienen im BERG-Verlag, 2009
Keywords:budget balance; budget deficit; inflation
Document Type:Working paper
Publishing Institution:Otto-Friedrich-Universität Bamberg
Release Date:2014/09/08
Licence (German):License LogoKeine Lizenz