...Arif Mohd Khah; Masroor Ahmad Purpose The debate surrounding whether fiscal actions are responsible for inflation has been a central focus in macro-public finance. In this regard, the present study makes a novel attempt to assess the nexus between fiscal deficit and inflation in the presence...

... investigates how fiscal deficit moderates the effects of government expenditure on the shadow economy for 32 Asian countries for the past two decades since 2000. Design/methodology/approach The authors use various techniques, which allow cross-sectional dependence and slope homogeneity in panel data...