search query: @indexterm floating rates / total: 68
reference: 4 / 68
| Author: | Bleaney, M. |
| Title: | Exchange rate regimes and inflation persistence |
| Journal: | IMF Staff papers
2001 : VOL. 47:3, p. 387-402 |
| Index terms: | Exchange rates Floating rates Inflation |
| Language: | eng |
| Abstract: | Some empirical research has suggested that inflation is more persistent under floating exchange rates. Theoretically, a higher variance of inflation should be expected across countries under floating rates, but not necessarily a higher mean. The author shows that estimates of inflation persistence are biased upwards by underfitting mean shifts in the sample. |
SCIMA