A number of theoretical models predict that the slope of the Phillips curve increases with trade openness, but cross … based on the new measures indicate that the Phillips curve slope increases with trade openness amongst countries maintaining … flexible and semi-flexible exchange rate regimes, but is unrelated to openness amongst countries maintaining fixed exchange …

. This paper investigates whether greater openness to trade helps achieve inflation stability. Using panel data for a sample … effect of openness on inflation volatility. This relationship is estimated after controlling for the potential endogeneity of … openness, and the average rate of inflation. We conduct a battery of robustness tests, showing in particular the robustness of …

Standard open economy models predict that openness to trade should exert a positive effect on the slope of the output …

conditional correlation between trade openness and GDP per head growth – though openness has a positive link via investment. The …