Capital Mobility and the Output-Inflation Tradeoff

Prakash Loungani, A. Eazin and C.W. Yuen

Working Papers from Tel Aviv

Abstract: We show in this paper that capital controls are aloso a statistically significant explanatory variable of the output-inflation tradoff coefficient, and that they improve the sacrifice ratio. Consequently, capital controls can help explain the relatively small output losses in the recent disinflation episodes among developing countries.

Keywords: INFLATION; MONETARY POLICY; CAPITAL MOVEMENTS (search for similar items in EconPapers)
JEL-codes: E64 E65 F21 (search for similar items in EconPapers)
Pages: 15 pages
Date: 1996
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Related works:
Journal Article: Capital mobility and the output-inflation tradeoff (2001)
Working Paper: Capital Mobility and the Output-Inflation Tradeoff (2000)
Working Paper: Capital Mobility and the Output-Inflation Tradeoff (1997)
Working Paper: Capital mobility and the output-inflation tradeoff (1997)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:teavfo:38-96

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