Inflation Persistence and Exchange Rate Regimes: Evidence from Developing Countries

Using data for 102 developing countries, it is shown that inflation persistence is particularly high in countries with severe inflationary problems, and particularly low in countries on hard pegs. Inflation persistence is similar under floating and soft pegs.

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Year of publication:	2005
Authors:	Francisco, Manuela ; Bleaney, Michael
Institutions:	Núcleo de Investigação em Políticas Económicas (NIPE), Universidade do Minho
Subject:	Inflation \| persistence \| exchange rates

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Extent:	application/pdf
Series:	NIPE Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 1/2005
Classification:	E31 - Price Level; Inflation; Deflation ; F41 - Open Economy Macroeconomics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005771615