Determinant Factors in Disinflation Costs of Developing Countries

Determinant Factors in Disinflation Costs of Developing Countries

This paper investigates some determinants of disinflation costs (sacrifice ratio) in some developing countries. The ratio is calculated by a SVAR model using annual data during 1985-2008 for 40 developing countries. The results show the ratio is decreasing in the status of high levels of initial inf...

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Bibliographic Details
Main Authors: Ebrahim Eltejaei, Khadijeh Riahi
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2012-03-01
Series:Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī
Subjects:
sacrifice ratio, disinflation costs, monetary policy, svar model, openness of the economy, capital mobility, central bank independence
Online Access:https://joer.atu.ac.ir/article_958_0dc49764db7e98908caa750623a4b6d8.pdf

Internet

https://joer.atu.ac.ir/article_958_0dc49764db7e98908caa750623a4b6d8.pdf

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