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Inflation and electoral competition: a comparative analysis

The purpose of this paper is to investigate the notion that liberal democracies are more prone to inflation than other types of regime. In this section we establish the context of this research by briefly rehearsing some of the main themes in the literature on the political economy of inflation. Sections II and III deal with the analytical methods employed in this paper and the results of these analyses respectively. In our Conclusion we re-examine the debate on the relationship between liberal democracy and inflation in the light of our findings.