Article ID Journal Published Year Pages File Type
5059663 Economics Letters 2012 5 Pages PDF
Abstract
► The paper tests the Romer hypothesis that inflation is lower in more open economies. ► The positive relation between the traditional index of openness and inflation is not justified. ► The negative relation supported by a new and comprehensive index (KOF) is more promising. ► The new economic globalization index (KOF) is a better proxy for openness measurement.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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