Political Instability and Inflation Volatility

Author/Editor:

Francisco José Veiga ; Ari Aisen

Publication Date:

September 1, 2006

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

The purpose of this paper is to empirically determine the causes of worldwide diversity of inflation volatility. We show that higher degrees of political instability, ideological polarization, and political fragmentation are associated with higher inflation volatility.

Series:

Working Paper No. 2006/212

Subject:

Agricultural sector Inflation Oil prices

Frequency:

Monthly

English

Publication Date:

September 1, 2006

ISBN/ISSN:

9781451864724/1018-5941

Stock No:

WPIEA2006212

Pages:

9

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