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Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Revisiting the relationship between inflation and growth
T2 - a note on the role of exchange rate regimes
AU - Abbott, Andrew James
AU - De Vita, Glauco
PY - 2011/1/1
Y1 - 2011/1/1
N2 - Drawing from recent advances in the classification of exchange rate regimes, this note revisits empirically the relationship between inflation and growth under alternative exchange rate regimes. The results, based on a panel of 125 industrialised and developing countries over the period 1980-2004, indicate that the costs of inflation for economic growth are significant only in the case of developing countries, and are higher for floating exchange rates than they are under fixed or intermediate regimes.
AB - Drawing from recent advances in the classification of exchange rate regimes, this note revisits empirically the relationship between inflation and growth under alternative exchange rate regimes. The results, based on a panel of 125 industrialised and developing countries over the period 1980-2004, indicate that the costs of inflation for economic growth are significant only in the case of developing countries, and are higher for floating exchange rates than they are under fixed or intermediate regimes.
M3 - Journal article
VL - 16
SP - 37
EP - 52
JO - Economic Issues
JF - Economic Issues
IS - 1
ER -