LIBROS DEL AUTOR: casey b mulligan

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  • Finance and Economics Discussion Series
    Casey B. Mulligan / Song Han / United States Federal Reserve Board
    It is commonly supposed in public and academic discourse that inflation and big government are related. We 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. We find a weak positive peacetime time series corr...
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