Binici, Mahir; Cheung, Yin-Wong; Lai, Kon S. - Türkiye Cumhuriyet Merkez Bankası - 2012
This study evaluates the role market competition plays in determining inflation based on sectorlevel data from OECD countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity. Nonetheless, previous empirical studies often fail to account...