Sources of Inflation in Developing Countries

Sources of Inflation in Developing Countries
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... READ MORE...

Publication date: December 2001
ISBN 9781451860061
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