Sources of Inflation in Developing Countries:
This paper develops stylized facts about the inflation process in developing countries, focusing particularly on the relationship between the exchange rate regime and the sources of inflation. Using annual data from 1964 to 1998 for 53 developing countries, we find that money growth and exchange rat...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2001
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Schriftenreihe: | IMF Working Papers
Working Paper No. 01/198 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper develops stylized facts about the inflation process in developing countries, focusing particularly on the relationship between the exchange rate regime and the sources of inflation. Using annual data from 1964 to 1998 for 53 developing countries, we find that money growth and exchange rate changes-factors typically related to fiscal influences-are far more important in countries with floating exchange rate regimes than in those with fixed exchange rates. Instead, inertial factors dominate the inflation process in developing countries with fixed exchange rate regimes |
Beschreibung: | 1 Online-Ressource (29 p) |
ISBN: | 1451860064 9781451860061 |
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spelling | Loungani, Prakash Verfasser aut Sources of Inflation in Developing Countries Loungani, Prakash Washington, D.C International Monetary Fund 2001 1 Online-Ressource (29 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 01/198 This paper develops stylized facts about the inflation process in developing countries, focusing particularly on the relationship between the exchange rate regime and the sources of inflation. Using annual data from 1964 to 1998 for 53 developing countries, we find that money growth and exchange rate changes-factors typically related to fiscal influences-are far more important in countries with floating exchange rate regimes than in those with fixed exchange rates. Instead, inertial factors dominate the inflation process in developing countries with fixed exchange rate regimes Online-Ausg Swagel, Phillip Sonstige oth http://elibrary.imf.org/view/IMF001/06334-9781451860061/06334-9781451860061/06334-9781451860061.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Loungani, Prakash Sources of Inflation in Developing Countries |
title | Sources of Inflation in Developing Countries |
title_auth | Sources of Inflation in Developing Countries |
title_exact_search | Sources of Inflation in Developing Countries |
title_exact_search_txtP | Sources of Inflation in Developing Countries |
title_full | Sources of Inflation in Developing Countries Loungani, Prakash |
title_fullStr | Sources of Inflation in Developing Countries Loungani, Prakash |
title_full_unstemmed | Sources of Inflation in Developing Countries Loungani, Prakash |
title_short | Sources of Inflation in Developing Countries |
title_sort | sources of inflation in developing countries |
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