haku: @indexterm Floating rates / yhteensä: 68
viite: 4 / 68
Tekijä: | Bleaney, M. |
Otsikko: | Exchange rate regimes and inflation persistence |
Lehti: | IMF Staff papers
2001 : VOL. 47:3, p. 387-402 |
Asiasana: | Exchange rates Floating rates Inflation |
Kieli: | eng |
Tiivistelmä: | 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