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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Bleaney, M.
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 1999.
Cyfres:IMF Working Papers; Working Paper ; No. 1999/161
Mynediad Ar-lein:Full text available on IMF
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020 |z 9781451857795 
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100 1 |a Bleaney, M. 
245 1 4 |a The Disappearing Openness-Inflation Relationship :   |b A Cross-Country Analysis of Inflation Rates /  |c M. Bleaney. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1999. 
300 |a 1 online resource (16 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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 by lower-income countries. Since 1973, the most consistent finding is that floating exchange rate regimes are associated with inflation rates at least 10 percent a year higher than pegged exchange rate regimes, after allowing for other factors. There is also a consistent positive correlation between land area and inflation. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1999/161 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1999/161/001.1999.issue-161-en.xml  |z IMF e-Library