Sources of Inflation in Developing Countries.

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Bibliographic Details
Imprint:International Monetary Fund 2001.
Description:1 online resource (62 pages)
Language:English
Series:IMF working paper, 2227-8885 ; WP/01/198
IMF working paper ; WP/01/198.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12500616
Hidden Bibliographic Details
ISBN:1282110004
9781282110007
1462334717
9781462334711
1452795584
9781452795584
1451905424
9781451905427
9786613802897
6613802891
Notes:Includes bibliographical references (pages 15-16).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2011.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
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Summary:This paper develops stylized facts about the inflation process in developing countries, focusing particularly on the relationship between the exchange rate regime and the sources of inflation. Using annual data from 1964 to 1998 for 53 developing countries, we find that money growth and exchange rate changes-factors typically related to fiscal influences-are far more important in countries with floating exchange rate regimes than in those with fixed exchange rates. Instead, inertial factors dominate the inflation process in developing countries with fixed exchange rate regimes.
Other form:Print version: Loungani, Prakash. Sources of inflation in Developing countries. [Washington, D.C.] : International Monetary Fund, ©2001
Standard no.:10.5089/9781451905427.001