Sources of Inflation in Developing Countries.

Sources of Inflation in Developing Countries.

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Bibliographic Details
Imprint:	International Monetary Fund 2001.
Description:	1 online resource (62 pages)
Language:	English
Series:	IMF working paper, 2227-8885 ; WP/01/198 IMF working paper ; WP/01/198.
Subject:	Inflation (Finance) -- Developing countries. Foreign exchange rates -- Developing countries. Money -- Developing countries. Foreign exchange rates. Inflation (Finance) Money. Developing countries.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12500616

Hidden Bibliographic Details
ISBN:	1282110004 9781282110007 1462334717 9781462334711 1452795584 9781452795584 1451905424 9781451905427 9786613802897 6613802891
Notes:	Includes bibliographical references (pages 15-16). Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2011. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 English. digitized 2011 HathiTrust Digital Library committed to preserve
Summary:	This paper develops stylized facts about the inflation process in developing countries, focusing particularly on the relationship between the exchange rate regime and the sources of inflation. Using annual data from 1964 to 1998 for 53 developing countries, we find that money growth and exchange rate changes-factors typically related to fiscal influences-are far more important in countries with floating exchange rate regimes than in those with fixed exchange rates. Instead, inertial factors dominate the inflation process in developing countries with fixed exchange rate regimes.
Other form:	Print version: Loungani, Prakash. Sources of inflation in Developing countries. [Washington, D.C.] : International Monetary Fund, ©2001
Standard no.:	10.5089/9781451905427.001

Description
Summary:	This paper develops stylized facts about the inflation process in developing countries, focusing particularly on the relationship between the exchange rate regime and the sources of inflation. Using annual data from 1964 to 1998 for 53 developing countries, we find that money growth and exchange rate changes-factors typically related to fiscal influences-are far more important in countries with floating exchange rate regimes than in those with fixed exchange rates. Instead, inertial factors dominate the inflation process in developing countries with fixed exchange rate regimes.
Physical Description:	1 online resource (62 pages)
Format:	Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Bibliography:	Includes bibliographical references (pages 15-16).
ISBN:	1282110004 9781282110007 1462334717 9781462334711 1452795584 9781452795584 1451905424 9781451905427 9786613802897 6613802891
ISSN:	2227-8885 ;