Guender, Alfred V.; McHugh-Smith, Hamish - 2023
should be inversely related to the rate of inflation. Our empirical analysis reveals a strong and robust inverse link between … financial openness and CPI inflation in over 100 countries over the 1997-2016 period, adding weight to the argument that … inflation in financially open economies is indeed lower. This result obtains for OECD countries as well as non-OECD countries …