This study investigates the determinants of inflation in the Dominican Republic during 1991 to 2002, a period characterized by remarkable macroeconomic stability and growth. By developing a parsimonious and empirically stable error correction model using quarterly observations, the study finds...

Panel cointegration techniques applied to pooled data for 50 developed and developing economies for the period 1970-2000 indicate that savings and investment are non-stationary and cointegrated, that there are marked differences in saving-retention ratios between different country groups, and...