Capital Mobility and the Output-Inflation Tradeoff.

We show in this paper that capital controls are aloso a statistically significant explanatory variable of the output-inflation tradoff coefficient, and that they improve the sacrifice ratio. Consequently, capital controls can help explain the relatively small output losses in the recent disinflation episodes among developing countries.

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Year of publication:	1996
Authors:	Loungani, P. ; Eazin, A. ; Yuen, C.W.
Institutions:	Foerder Institute for Economic Research, Eitan Berglas School of Economics
Subject:	INFLATION \| MONETARY POLICY \| CAPITAL MOVEMENTS

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Series:	Tel Aviv.
Type of publication:	Book / Working Paper
Notes:	15 pages
Classification:	E64 - Incomes Policy; Price Policy ; E65 - Studies of Particular Policy Episodes ; F21 - International Investment; Long-Term Capital Movements
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005783678