{"product_id":"finance-and-economics-discussion-series-inflation-and-the-size-of-government-9781288715992","title":"Finance and Economics Discussion Series: Inflation and the Size of Government","description":"\u003cp\u003e • Author(s): Song Han | Casey B. Mulligan | United States Federal Reserve Board\u003cbr\u003e • Publisher: Bibliogov\u003cbr\u003e • Publisher Imprint: Bibliogov\u003cbr\u003e • BISAC: General\u003c\/p\u003e\u003cp\u003eIt is commonly supposed in public and academic discourse that inflation and big government are related. We show that economic theory delivers such a prediction only in special cases. As an empirical matter, inflation is significantly positively related to the size of government mainly when periods of war and peace are compared. We find a weak positive peacetime time series correlation between inflation and the size of government and a negative cross-country correlation of inflation with non-defense spending.\u003c\/p\u003e","brand":"Bibliogov","offers":[{"title":"Paperback","offer_id":47598173257879,"sku":"9781288715992","price":1440.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9781288715992.webp?v=1774999926","url":"https:\/\/atlanticbooks.com\/products\/finance-and-economics-discussion-series-inflation-and-the-size-of-government-9781288715992","provider":"Atlantic Books","version":"1.0","type":"link"}