Series: IMF Working Papers
Author(s): M. Bleaney
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 1999
Keywords: Exchange rate, openness, exchange rate regime, inflation rates, inflation rate
The robust negative correlation between openness and inflation found in cross-country data for the 1970s and 1980s has disappeared in the 1990s. There is now a strong negative correlation of inflation with per capi...