Capital Mobility and the Output-Inflation Tradeoff /

Identifying determinants of the output-inflation tradeoff has long been a key issue in business cycle research. We provide evidence that in countries with greater restrictions on capital mobility, a given reduction in the inflation rate is associated with a smaller loss in output. This result is sho...

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Bibliographic Details
Main Author: Razin, Assaf
Other Authors: Loungani, Prakash, Yuen, Chi-Wa
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2000.
Series:IMF Working Papers; Working Paper ; No. 2000/087
Online Access:Full text available on IMF

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