Inflation Persistence and Exchange Rate Regimes: Evidence from Developing Countries

Manuela Francisco () and Michael Bleaney

No 1/2005, NIPE Working Papers from NIPE - Universidade do Minho

Abstract: Using data for 102 developing countries, it is shown that inflation persistence is particularly high in countries with severe inflationary problems, and particularly low in countries on hard pegs. Inflation persistence is similar under floating and soft pegs.

Keywords: Inflation; persistence; exchange rates (search for similar items in EconPapers)
JEL-codes: E31 F41 (search for similar items in EconPapers)
Date: 2005
New Economics Papers: this item is included in nep-cwa, nep-ifn, nep-mac, nep-mon and nep-sea
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Citations: View citations in EconPapers (14)

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Journal Article: Inflation persistence and exchange rate regimes: evidence from developing countries (2005)
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