Unité mixte de recherche 7235

On the impact of fiscal policy on inflation: Evidence from propensity score methods

Intervenant : Jocelyne Marion Zoumenou

Discutants: Christophe Blot et Florian Morvillier
Abstract : This paper contributes to the literature on fiscal policy and inflation. In particular, it estimates the effect of fiscal rules on inflation for a panel of 79 countries over the period from 1985 to 2021. To achieve this end, we use propensity score methods in order to deal with potential endogeneity issues. Our estimates show that the adoption of fiscal rules leads to a decline in inflation in the whole sample. Nevertheless when splitting according to different characteristics, we are unable to conclude for advanced countries and for countries whose central banks are not credible. These results are robust to different specifications.

AGENDA

lundi 3 avril 2023

Law, Institutions and Economics in Nanterre (LIEN)

Stefania Marcassa (CY Cergy)

En salle 614 et en distanciel

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mardi 4 avril 2023

Recherche et Economie et Socioéconomie Politique, des Institutions et des Régulations (RESPIR)

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Développement Durable Environnement et Energie (DDEE)

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Salle 614B de 16h00 – 17h00)

A CGE Integrating Material Stocks and Flows

jeudi 6 avril 2023

Lunch

Axel Gautier (Université de Liège)

The energy community and the grid

mardi 11 avril 2023

Recherche et Economie et Socioéconomie Politique, des Institutions et des Régulations (RESPIR)

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Groupe de travail Economie Comportementale

Claire Mollier

Salle 301-302

Gender, competitiveness, and reaction to defeat

jeudi 13 avril 2023

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Pascal Yebarth

Salle G110, 12h-13h

Taxing Market Power in Strategic Bilateral Trade with Quasi-Linear Preferences

vendredi 14 avril 2023

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12th PhD Student Conference in International Macroeconomics

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