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Inflation Under Alternatives Exchange Rate Regimes: What Hapens When Countries are of Different Size?

Author

Listed:
  • Hughes Hallett, A.J.
  • Kavanagh, E.

Abstract

A central issue for international monetary economics is to establish the impact of different exchange rate regimes on inflation performance. This paper addresses a key aspect of this question, how differences in country size affect inflation performance under alternative exchange rate regimes. This issur is crucial because the existing literature has, for analytical convenience, almost invariably analysed the case of two identically symmetric countries.

Suggested Citation

  • Hughes Hallett, A.J. & Kavanagh, E., 1997. "Inflation Under Alternatives Exchange Rate Regimes: What Hapens When Countries are of Different Size?," Papers 97-8, University College Cork - Department of Economics.
  • Handle: RePEc:fth:uccoec:97-8
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    More about this item

    Keywords

    INFLATION ; EXCHANGE RATE ; EUROPE;
    All these keywords.

    JEL classification:

    • F3 - International Economics - - International Finance
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance

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