OPENNESS AND THE EFFECTS OF MONETARY POLICY ON INFLATION: AN APPLICATION
Autor: | Nihat Işık |
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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 |
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