Financial Liberalization and Inflationary Dynamics: An Open Economy Analysis
نویسندگان
چکیده
منابع مشابه
Financial Liberalization and Inflationary Dynamics: An Open Economy Analysis
The paper analyzes the effects of financial liberalization on inflation. We develop a monetary and endogenous growth, dynamic general equilibrium model of a small open semi-industrialized economy, with financial intermediaries subjected to obligatory ”high” reserve ratio, serving as the source of financial repression. When calibrated to four Southern European semi-industrialized countries, name...
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ژورنال
عنوان ژورنال: International Economic Journal
سال: 2007
ISSN: 1016-8737,1743-517X
DOI: 10.1080/10168730701541228