Abstract-The purpose of this paper is to test the hypothesis first documented by [1], that inflation is lower in more open economies. According to this hypothesis, central banks have a smaller incentive to engineer surprise inflations in more-open economies because the Phillips curve is steeper. We utilized the ARDL Bounds test approach to level relationship proposed by [2] for Iranian annual data over the period 1973-2007. Results from Bounds test approach confirm existence of long-run relationship among the variables under consideration. The results show that openness has negative and significant effect on inflation in short-run but its effect in long-run is not significant
Inflation volatility is recognized as one of the most important issues concerning Iran’s economy whi...
Inflation has been the focus of numerous investigations in recent decades, both for developed and de...
The standard time-inconsistency-based explanation for the negative correlation between openness and ...
Abstract-The purpose of this paper is to test the hypothesis first documented by [1], t...
The purpose of this paper is to test the hypothesis first proposed by Romer (1993); suggesting that ...
Romer (1993) postulates a hypothesis that inflation is lower in small and open economies. In this pa...
This paper reviews the evidence on the relationship between openness and inflation. There is a robus...
Temple (2002) argues that the inflation level used in Romer (1993) lacks power in revealing the poli...
Dynamic panel estimates show the negative relation between trade openness and inflation found by Rom...
This study examines the dynamic responses of inflation to its determinants in the short run and long...
A general equilibrium model of a small open economy is developed to analyse the optimal rate of infl...
Bu çalışma, 1947–2007 dönemini kapsayan yıllık veriler kullanılarak Pakistan’da dış ticaret alanında...
The correlation between openness and inflation has been generally posed as a negative relationship. ...
Much empirical work has documented a negative correlation between different measures of globalizatio...
The study of causes of inflation has probably given rise to one of the most significant macroeconomi...
Inflation volatility is recognized as one of the most important issues concerning Iran’s economy whi...
Inflation has been the focus of numerous investigations in recent decades, both for developed and de...
The standard time-inconsistency-based explanation for the negative correlation between openness and ...
Abstract-The purpose of this paper is to test the hypothesis first documented by [1], t...
The purpose of this paper is to test the hypothesis first proposed by Romer (1993); suggesting that ...
Romer (1993) postulates a hypothesis that inflation is lower in small and open economies. In this pa...
This paper reviews the evidence on the relationship between openness and inflation. There is a robus...
Temple (2002) argues that the inflation level used in Romer (1993) lacks power in revealing the poli...
Dynamic panel estimates show the negative relation between trade openness and inflation found by Rom...
This study examines the dynamic responses of inflation to its determinants in the short run and long...
A general equilibrium model of a small open economy is developed to analyse the optimal rate of infl...
Bu çalışma, 1947–2007 dönemini kapsayan yıllık veriler kullanılarak Pakistan’da dış ticaret alanında...
The correlation between openness and inflation has been generally posed as a negative relationship. ...
Much empirical work has documented a negative correlation between different measures of globalizatio...
The study of causes of inflation has probably given rise to one of the most significant macroeconomi...
Inflation volatility is recognized as one of the most important issues concerning Iran’s economy whi...
Inflation has been the focus of numerous investigations in recent decades, both for developed and de...
The standard time-inconsistency-based explanation for the negative correlation between openness and ...