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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w5540 |
来源ID | Working Paper 5540 |
Why Does Inflation Differ Across Countries? | |
Marta Campillo; Jeffrey A. Miron | |
发表日期 | 1996-04-01 |
出版年 | 1996 |
语种 | 英语 |
摘要 | This paper attempts to explain the differences in inflation performance across countries. Earlier research has examined this topic, but it has considered only some of the factors that might be empirically important determinants of inflation rates. We consider the distaste for inflation, optimal tax considerations, time consistency issues, distortionary non-inflation policies and other factors that might be empirically important determinants of inflation performance. Overall, the results suggest that institutional arrangements - central bank independence or exchange rate mechanisms - are relatively unimportant determinants of inflation performance, while economic fundamentals - openness and optimal tax considerations - are relatively important determinants. |
主题 | Macroeconomics ; Business Cycles ; Monetary Policy |
URL | https://www.nber.org/papers/w5540 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/563006 |
推荐引用方式 GB/T 7714 | Marta Campillo,Jeffrey A. Miron. Why Does Inflation Differ Across Countries?. 1996. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w5540.pdf(1286KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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