Template-Type: ReDIF-Article 1.0

Author-Name: Andras Balogh
Author-Workplace-Name: Magyar Nemzeti Bank
Author-Email: baloghan@mnb.hu


Title: What Causes Inflation? - The Relationship between Central Bank Policies and Inflation

Abstract: This article uses examples from economic history and crises to examine the factors
that contribute to the development of periods of high inflation, with a particular
focus on the role of different fields of economic policy. With reference to the
economic theories underlying economic policy considerations, the paper also briefly
introduces an emerging approach, the Modern Monetary Theory, and discusses its
messages on inflation.

Classification-JEL:  
Keywords:  
Pages: 144-156.
Volume: 20
Issue: 4
Year: 2021
File-URL: https://en-hitelintezetiszemle.mnb.hu/letoltes/fer-20-4-fa1-balogh.pdf
File-Format: Application/pdf
Handle: RePEc:mnb:finrev:v:20:y:2021:i:4:p:144-156.