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PSU Research Review
Purpose -Governments may finance its expenditures through multiple resources; however, seigniorage and borrowing are commonly used. The authors think that in the presence of corruption, the use of public finance may result in inflationary effect that leads to higher level of inflation, which in turn affects the whole economy. Design/methodology/approach -This paper investigates if the variation in corruption levels jointly with public finance means, seigniorage and borrowing, accounts for thedoi:10.1108/prr-08-2017-0036 fatcat:e5dff3ixxvcwrdjlzn3oajzq2q