English, Article, Journal or magazine article edition: The inflation adjusted nominal deficit: a note on Robert Barros’s definition Viviane Luporini

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Bookmark: http://trove.nla.gov.au/version/114419
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The inflation adjusted nominal deficit: a note on Robert Barros’s definition
Author
  • Viviane Luporini
Physical Description
  • preprint
Notes
  • This note discusses the concept of 'inflation adjusted nominal deficit' proposed by Robert Barro in light of a stock-flow consistent real deficit. It is argued that the calculation proposed by the author violates the principle of stock-flow consistency and leads one to the erroneous interpretation that a rise in the rate of inflation decreases the government deficit in nominal terms.
  • inflation adjusted nominal deficit; Robert Barro; government deficit
  • RePEc:cdp:texdis:td138
Language
  • English
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