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Author = Sameti, Madjid

Number of Articles: 1
Fiscal Disequilibrium and High Inflation Rate in Iran

Morteza Sameti; Madjid Sameti; Gholamhosein Gaafary

Volume 7, Issue 24 , October 2005, , Pages 95-116

Abstract
  Fiscal disequilibrium causes budget deficit. The budget deficit is usually financed by borrowing from central bank, which increases monetary base and money supply followed by a rise in price level and inflation. The process of generating revenue and financing budget deficit by creating inflation is also ...  Read More