Verfügbarkeit: Capital Mobility and the Output-Inflation Tradeoff

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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1. Verfasser:	Razin, Assaf (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2000
Schriftenreihe:	IMF Working Papers Working Paper No. 00/87
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers
Zusammenfassung:	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 shown to be consistent with theoretical presumption from a version of the Mundell-Fleming model. Restrictions on capital mobility are measured using the IMF's Annual Report on Exchange Rate Arrangements and Exchange Restrictions. Estimates of the output-inflation tradeoff are taken from previous studies, viz., Lucas (1973) and Ball, Mankiw and Romer (1988)
Beschreibung:	1 Online-Ressource (22 p)
ISBN:	1451851014 9781451851014

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spelling	Razin, Assaf Verfasser aut Capital Mobility and the Output-Inflation Tradeoff Razin, Assaf Washington, D.C International Monetary Fund 2000 1 Online-Ressource (22 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 00/87 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 shown to be consistent with theoretical presumption from a version of the Mundell-Fleming model. Restrictions on capital mobility are measured using the IMF's Annual Report on Exchange Rate Arrangements and Exchange Restrictions. Estimates of the output-inflation tradeoff are taken from previous studies, viz., Lucas (1973) and Ball, Mankiw and Romer (1988) Online-Ausg Loungani, Prakash Sonstige oth Yuen, Chi-Wa Sonstige oth http://elibrary.imf.org/view/IMF001/01099-9781451851014/01099-9781451851014/01099-9781451851014.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Razin, Assaf Capital Mobility and the Output-Inflation Tradeoff
title	Capital Mobility and the Output-Inflation Tradeoff
title_auth	Capital Mobility and the Output-Inflation Tradeoff
title_exact_search	Capital Mobility and the Output-Inflation Tradeoff
title_exact_search_txtP	Capital Mobility and the Output-Inflation Tradeoff
title_full	Capital Mobility and the Output-Inflation Tradeoff Razin, Assaf
title_fullStr	Capital Mobility and the Output-Inflation Tradeoff Razin, Assaf
title_full_unstemmed	Capital Mobility and the Output-Inflation Tradeoff Razin, Assaf
title_short	Capital Mobility and the Output-Inflation Tradeoff
title_sort	capital mobility and the output inflation tradeoff
url	http://elibrary.imf.org/view/IMF001/01099-9781451851014/01099-9781451851014/01099-9781451851014.xml
work_keys_str_mv	AT razinassaf capitalmobilityandtheoutputinflationtradeoff AT lounganiprakash capitalmobilityandtheoutputinflationtradeoff AT yuenchiwa capitalmobilityandtheoutputinflationtradeoff

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