| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6868 |
| DP6868 Exchange Rate Regimes and Capital Mobility: How Much of the Swoboda Thesis Survives? | |
| [unavailable] | |
| 发表日期 | 2008-06-13 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | It has been widely argued that inflation persistence since WWII has been widespread and durable and that it can only be accounted for by models with a high degree of nominal rigidity. We examine UK post-war data where after confirming previous studies? findings of varying persistence due to changing monetary regimes, we find that models with little nominal rigidity are best equipped to explain it. |
| 主题 | International Macroeconomics |
| 关键词 | Inflation persistence Monetary regime shifts New classical New keynesian Nominal rigidity |
| URL | https://cepr.org/publications/dp6868 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535692 |
| 推荐引用方式 GB/T 7714 | [unavailable]. DP6868 Exchange Rate Regimes and Capital Mobility: How Much of the Swoboda Thesis Survives?. 2008. |
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