Syndicate content

Fridays Academy

Fridays Academy: Inflation, growth and the poor

Ignacio Hernandez's picture

From Raj Nallari and Breda Griffith's lecture notes

 

Inflation and Economic Growth

 

While inflationary policies can provide a short-run stimulus to economic growth, the economic literature suggests that, over the medium and long term high rates of inflation are bad for economic growth.  Cross-country studies show that those countries with consistent positive growth records have on average much lower rates of inflation.

 

Fridays Academy: Fiscal Policy and its impact

Ignacio Hernandez's picture

From Raj Nallari and Breda Griffith's lecture notes.

 

 

Fiscal Policy and its Impacts

Through its decisions on fiscal policy, government can attempt to smooth business cycles and redistribute income. While these are good goals, overreaching on the fiscal side can lead to crowding out and inflation. Today we discuss these important issues.

 

 

Fiscal policy and the business cycle

Pages