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Inflation Under Alternatives Exchange Rate Regimes: What Hapens When Countries are of Different Size?

Andrew Hughes Hallett and E. Kavanagh

Working Papers from University College Cork - Department of Economics

Abstract: A central issue for international monetary economics is to establish the impact of different exchange rate regimes on inflation performance. This paper addresses a key aspect of this question, how differences in country size affect inflation performance under alternative exchange rate regimes. This issur is crucial because the existing literature has, for analytical convenience, almost invariably analysed the case of two identically symmetric countries.

Keywords: INFLATION; EXCHANGE RATE; EUROPE (search for similar items in EconPapers)
JEL-codes: F3 F4 (search for similar items in EconPapers)
Pages: 25 pages
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:fth:uccoec:97-8

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