Does Capital Account Openness Lower Inflation?
This paper investigates the relationship between capital account openness and inflation since the 1980s. It argues that widespread capital account liberalization during the last two decades appears to have contributed to the worldwide disinflation observed during the same period. The paper builds a...
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| Language: | EN |
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2012
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| Online Access: | http://hdl.handle.net/10986/5812 |