Series: IMF Working Papers
Author(s): Oral Williams , and Kamiar Mohaddes
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2011
Keywords: Inflation differentials, convergence, panel data, pairwise approach, monetary union, Gulf Cooperation Council (GCC) countries., inflation, inflation rates, monetary fund, price level
This paper uses a pairwise approach to investigate the main factors that have been driving inflation differentials in the Gulf Cooperation Council (GCC) region for the past two decades. The results suggest that inf...