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S6 Ep18: How much inflation did Covid fiscal support cause?

VoxTalks Economics

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The Effects of Fiscal Support on Inflation in Emerging Economic Countries

Fiscal support to businesses on inflation is smaller and less consistent across countries. When you just allow people to maintain their salary, they're not necessarily going to run and spend the money. They don't necessarily see it as a fiscal support. As opposed to when they get cash, that's an extra income they did not necessarily expect. And so they see itAs a fiscal support and they can go and spend theMoney. That might have more inflationary effect because of that.

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