A Theoretical Model of Developing Country Inflationary Dynamics

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A Theoretical Model of Developing Country Inflationary Dynamics

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Thomas M Fullerton Jr (University of Texas at El Paso)

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Thomas Fullerton

Abstract

A standard monetary infaltion model is expanded to include import and labor costs in a theoretically logical manner. Implications for estimation are discussed, with special attention given to developing country data concerns. Care is taken to discuss model development within the historical context of emerging market inflationary studies and modern applied econometric model testing.

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Paper provided by EconWPA in its series Macroeconomics with number 0407031.

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Length: 17 pages
Date of creation: 26 Jul 2004
Date of revision:
Handle: RePEc:wpa:wuwpma:0407031

Note: Type of Document - doc; pages: 17
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Find related papers by JEL classification:
E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

This paper has been announced in the following NEP Reports:

NEP-ALL-2004-08-02 (All new papers)
NEP-MAC-2004-08-02 (Macroeconomics)
NEP-MON-2004-08-02 (Monetary Economics)

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

Dornbusch, Rudiger & Fischer, Stanley, 1993. "Moderate Inflation," World Bank Economic Review, Oxford University Press, vol. 7(1), pages 1-44, January.
Other versions:
- Rudiger Dornbusch & Stanley Fischer, 1993. "Moderate Inflation," NBER Working Papers 3896, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
- Dornbusch, Rudiger & Fischer, Stanley, 1991. "Moderate inflation," Policy Research Working Paper Series 807, The World Bank. [Downloadable!]
Carl F. Christ, 1993. "Assessing applied econometric results," Review, Federal Reserve Bank of St. Louis, issue Mar, pages 71-94. [Downloadable!]
Amemiya, Takeshi, 1980. "Selection of Regressors," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 21(2), pages 331-54, June. [Downloadable!] (restricted)
Kenneth M. Emery & Chih-Ping Chang, 1997. "Is there a stable relationship between capacity utilization and inflation?," Economic and Financial Policy Review, Federal Reserve Bank of Dallas, issue Q I, pages 14-20. [Downloadable!]

Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

Thomas M Fullerton Jr & Roberto Tinajero, 2004. "Short-Run Price Dynamics in Mexico," Macroeconomics 0407027, EconWPA. [Downloadable!]
Thomas M Fullerton Jr & Sylvanus I Ikhide, 2004. "An Econometric Analysis of the Nigerian Consumer Price Index," Development and Comp Systems 0407010, EconWPA. [Downloadable!]
Thomas M Fullerton Jr & Cuauhtemoc Calderon, 2004. "Inflationary Pressure Determinants in Mexico," Macroeconomics 0407030, EconWPA. [Downloadable!]
Other versions:
- Thomas M. Fullerton, Jr., 1999. "Inflationary pressure determinants in México," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 14(1), pages 33-51.

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This page was last updated on 2009-11-30.

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