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Fiscal Policy and Inflation

dc.provenanceEl documento original impreso/digital se encuentra en resguardo del Centro de Investigaciones sobre América del Norte de la Universidad Nacional Autónoma de México. Proyecto CISAN, Memoria Institucional
dc.rights.licensehttp://ru.micisan.unam.mx/page/terminos
dc.coverage.spatialUnited States
dc.coverage.spatialLatin America
dc.coverage.temporal20th and 21st century
dc.creatorBasilio Morales, Eufemia
dc.date.accessioned2025-05-03T01:00:35Z
dc.date.available2025-05-03T01:00:35Z
dc.date.issued2023
dc.identifier.issn0186-9418
dc.identifier.urihttps://ru.micisan.unam.mx/handle/123456789/1622
dc.formatapplication/pdf
dc.format.extentpp. 46-48
dc.language.isoeng
dc.publisherUniversidad Nacional Autónoma de México, Centro de Investigaciones sobre América del Norte
dc.relation.isformatofprinted
dc.relation.requiresAdobe Acrobat Reader DC
dc.titleFiscal Policy and Inflation
dc.rights.holderUniversidad Nacional Autónoma de México
dc.audienceEstudiantes
dc.audienceMaestros
dc.audienceInvestigadores
dc.coverage.placeofpublicationMéxico
dc.description.extractThe relationship between fiscal policy and inflation has given rise to considerable debate among economic theorists. For classical thinkers and monetarists, any active fiscal policy, meaning policy that involves increased public spending or deficits, will necessarily increase inflation. Even monetarists have held that when the state intervenes to contain unemployment through fiscal policy, it does so at the cost of higher inflation, and claim that in the long term inflation is likely to continue to rise while employment stagnates. Therefore, for these orthodox schools of thought, fiscal spending and greater state intervention hinder the growth of production and increase inflation.1 On the other hand, for heterodox thinkers like Keynes, neo-Keynesians, and post-Keynesians, an expansive fiscal policy that makes use of active spending helps combat involuntary shutdowns and stimulate economic growth, by encouraging aggregate demand without accelerating inflation. P.46
dc.educationlevelMedio superior
dc.educationlevelSuperior
dc.educationlevelPosgrado
dc.identifier.bibliographiccitationBasilio Morales, Eufemia. “Fiscal Policy and Inflation”. En Voices of México, México: CISAN, UNAM, 2023 (119), 46-48 pp.
dc.identifier.cisanVOM_2023_119_0046
dc.relation.issue119
dc.subject.unamHumanidades
dc.type.spaContribution to periodical
dc.view.accesslevelAbierto
dc.type.coarhttp://purl.org/coar/resource_type/c_6501
dc.relation.hasPartVoices of Mexico, Inflation
dc.subject.keywordengInflation
dc.subject.keywordengFiscal policy
dc.subject.keywordengstate


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