OPENNESS AND THE EFFECTS OF MONETARY POLICY ON INFLATION: AN APPLICATION

Autor: Nihat Işık
Rok vydání: 2003
Předmět:
Zdroj: Ekonomik Yaklasim. 14:87
ISSN: 1300-1868
Popis: This paper assesses the relationship between openness and the effectiveness of monetary policy on inflation by using annual data for the 19902000 period for a panel of 42 countries. The paper\'s empirical results support the theoretical predictions that the more open the economy is the larger the inflation effects of a given change in the money supply.
Databáze: OpenAIRE