Trade openness can affect inflation volatility via the incentives faced by policymakers or the structure of production and consumption, but the sign of this effect, as predicted from economic theory, is ambiguous. This paper provides evidence for a negative effect of openness on inflation volatility using a dynamic panel model that controls for the endogeneity of openness and the effects of both average inflation and the exchange rate regime. Our results offer one explanation for the recent decline in inflation volatility observed in many countries. The relationship is shown to be strongest amongst developing and emerging market economies, and we argue that the mechanisms linking openness and inflation volatility are likely to be strongest ...
High rates of inflation are a recurrent problem in Caribbean countries. Statistics show that small o...
AbstractThe paper revisits the long-standing question of the impact of trade openness on the inflati...
This study examines the relationship between trade openness and exchange rate volatility. We use pan...
Trade openness can affect inflation volatility via the incentives faced by policymakers or the struc...
Trade openness can affect inflation volatility via the incentives faced by policymakers or the struc...
By applying an endogenous switching regression model to a sample of 64 countries, this article explo...
Dynamic panel estimates show the negative relation between trade openness and inflation found by Rom...
This paper aims at verifying the existence of significant relationship between inflation and opennes...
The correlation between openness and inflation has been generally posed as a negative relationship. ...
This paper examines the mechanisms through which trade openness affects output volatility using an i...
Recent research suggests that the Phillips curve slope, measured using sacrifice ratios from the per...
The objective of this research paper is to check the impact of openness on inflation volatility. The...
We address the puzzle concerning the inverse relationship between openness and real exchange rate vo...
Standard open economy models predict that openness to trade should exert a positive effect on the sl...
Evolving openness to trade is hard to measure, despite its relevance to models of growth, inflation ...
High rates of inflation are a recurrent problem in Caribbean countries. Statistics show that small o...
AbstractThe paper revisits the long-standing question of the impact of trade openness on the inflati...
This study examines the relationship between trade openness and exchange rate volatility. We use pan...
Trade openness can affect inflation volatility via the incentives faced by policymakers or the struc...
Trade openness can affect inflation volatility via the incentives faced by policymakers or the struc...
By applying an endogenous switching regression model to a sample of 64 countries, this article explo...
Dynamic panel estimates show the negative relation between trade openness and inflation found by Rom...
This paper aims at verifying the existence of significant relationship between inflation and opennes...
The correlation between openness and inflation has been generally posed as a negative relationship. ...
This paper examines the mechanisms through which trade openness affects output volatility using an i...
Recent research suggests that the Phillips curve slope, measured using sacrifice ratios from the per...
The objective of this research paper is to check the impact of openness on inflation volatility. The...
We address the puzzle concerning the inverse relationship between openness and real exchange rate vo...
Standard open economy models predict that openness to trade should exert a positive effect on the sl...
Evolving openness to trade is hard to measure, despite its relevance to models of growth, inflation ...
High rates of inflation are a recurrent problem in Caribbean countries. Statistics show that small o...
AbstractThe paper revisits the long-standing question of the impact of trade openness on the inflati...
This study examines the relationship between trade openness and exchange rate volatility. We use pan...