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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| Format: | Article |
| Language: | fas |
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Allameh Tabataba'i University Press
2012-03-01
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| Series: | Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī |
| Subjects: | |
| Online Access: | https://joer.atu.ac.ir/article_958_0dc49764db7e98908caa750623a4b6d8.pdf |
| _version_ | 1797375645498474496 |
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| author | Ebrahim Eltejaei Khadijeh Riahi |
| author_facet | Ebrahim Eltejaei Khadijeh Riahi |
| author_sort | Ebrahim Eltejaei |
| collection | DOAJ |
| description | 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 inflation and central bank independence. Also, the openness of economy and capital mobility has positive effects on the ratio. |
| first_indexed | 2024-03-08T19:27:24Z |
| format | Article |
| id | doaj.art-48f4ff45407f4f2693ecc5583c36dc7e |
| institution | Directory Open Access Journal |
| issn | 1735-210X 2476-6453 |
| language | fas |
| last_indexed | 2024-03-08T19:27:24Z |
| publishDate | 2012-03-01 |
| publisher | Allameh Tabataba'i University Press |
| record_format | Article |
| series | Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī |
| spelling | doaj.art-48f4ff45407f4f2693ecc5583c36dc7e2023-12-26T07:57:47ZfasAllameh Tabataba'i University PressFaslnāmah-i Pizhūhish/Nāmah-i Iqtisādī1735-210X2476-64532012-03-011244124958Determinant Factors in Disinflation Costs of Developing CountriesEbrahim Eltejaei0Khadijeh Riahi1Assistant professor, Institute for Humanities and Cultural Studies, Tehran.MA Student in Economics,Institute for Humanities and Cultural Studies, TehranThis 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 inflation and central bank independence. Also, the openness of economy and capital mobility has positive effects on the ratio.https://joer.atu.ac.ir/article_958_0dc49764db7e98908caa750623a4b6d8.pdfsacrifice ratio, disinflation costs, monetary policy, svar model, openness of the economy, capital mobility, central bank independence |
| spellingShingle | Ebrahim Eltejaei Khadijeh Riahi Determinant Factors in Disinflation Costs of Developing Countries Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī sacrifice ratio, disinflation costs, monetary policy, svar model, openness of the economy, capital mobility, central bank independence |
| title | Determinant Factors in Disinflation Costs of Developing Countries |
| title_full | Determinant Factors in Disinflation Costs of Developing Countries |
| title_fullStr | Determinant Factors in Disinflation Costs of Developing Countries |
| title_full_unstemmed | Determinant Factors in Disinflation Costs of Developing Countries |
| title_short | Determinant Factors in Disinflation Costs of Developing Countries |
| title_sort | determinant factors in disinflation costs of developing countries |
| topic | sacrifice ratio, disinflation costs, monetary policy, svar model, openness of the economy, capital mobility, central bank independence |
| url | https://joer.atu.ac.ir/article_958_0dc49764db7e98908caa750623a4b6d8.pdf |
| work_keys_str_mv | AT ebrahimeltejaei determinantfactorsindisinflationcostsofdevelopingcountries AT khadijehriahi determinantfactorsindisinflationcostsofdevelopingcountries |