The Disappearing Openness-Inflation Relationship : A Cross-Country Analysis of Inflation Rates /

The robust negative correlation between openness and inflation found in cross-country data for the 1970s and 1980s has disappeared in the 1990s. There is now a strong negative correlation of inflation with per capita GDP, as higher-income countries have achieved significant disinflation not emulated...

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Bibliographic Details
Main Author: Bleaney, M.
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1999.
Series:IMF Working Papers; Working Paper ; No. 1999/161
Online Access:Full text available on IMF