The openness-inflation puzzle revisited

被引：38

作者：

Gruben, WC

Mcleod, D

机构：

[1] Fordham Univ, Dept Econ, Bronx, NY 10458 USA

[2] Fed Reserve Bank Dallas, Ctr Latin Amer Econ, Dallas, TX 75201 USA

来源：

APPLIED ECONOMICS LETTERS | 2004年 / 11卷 / 08期

关键词：

D O I：

10.1080/1350485042000244477

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Dynamic panel estimates show the negative relation between trade openness and inflation found by Romer (Quarterly Journal of Economics, (VIII, 869-903, 1993) but questioned by Terra (Quarterly Journal of Economics, (XIII, 641-48, 1998) became more robust in the 1990s, both among high income OECD and developing countries. Trade openness was also associated with less variable inflation during the 1990s and had a stronger disinflation effect in economies with floating exchange rates.

引用

页码：465 / 468

页数：4

共 9 条

[1] ANOTHER LOOK AT THE INSTRUMENTAL VARIABLE ESTIMATION OF ERROR-COMPONENTS MODELS [J].