Trade Openness and Inflation Episodes in the OECD.
Boschen and Weise (Journal of Money, Credit, and Banking, 2003) model the probability of a large upturn in inflation in the OECD (an inflation start). We extend their work to consider the impact of trade openness on the probability of such an event. The main finding is that increased openness reduce...
| Main Authors: | , |
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| Format: | Journal article |
| Language: | English |
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Ohio State University Press
2006
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