A Theoretical Model of Developing Country Inflationary Dynamics
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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- Rudiger Dornbusch & Stanley Fischer, 1991.
NBER Working Papers
3896, National Bureau of Economic Research, Inc.
- 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.
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