Globalization and Disinflation: A Note

Assaf Razin

No 10954, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: The note analyzes how globalization forces induce monetary authorities, guided in their policies by the welfare criterion of a representative household, to put greater emphasis on reducing the inflation rate than on narrowing the output gaps.

JEL-codes: E5 F3 (search for similar items in EconPapers)
Date: 2004-12
New Economics Papers: this item is included in nep-fin and nep-mac
Note: IFM
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Citations: View citations in EconPapers (12)

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Working Paper: Globalization and Disinflation: A Note (2005)
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