Inflation Persistence and Exchange Rate Regimes: Evidence from Developing Countries
AbstractUsing data for 102 developing countries, it is shown that inflation persistence is particularly high in countries with severe inflationary problems, and particularly low in countries on hard pegs. Inflation persistence is similar under floating and soft pegs.
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Date of creation: 2005
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Find related papers by JEL classification:
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-02-13 (All new papers)
- NEP-CWA-2005-02-13 (Central & Western Asia)
- NEP-IFN-2005-02-13 (International Finance)
- NEP-MAC-2005-02-13 (Macroeconomics)
- NEP-MON-2005-02-13 (Monetary Economics)
- NEP-SEA-2005-02-13 (South East Asia)
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