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A Model of Inflation for Sri Lanka

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  • Cooray, Arusha

Abstract

This paper uses two models: an open economy model and a closed economy model to estimate a price equation for Sri Lanka. The results suggest greater support for the open economy model. Consistent with previous studies for Sri Lanka, supply side factors appear to be important in influencing the general price level in Sri Lanka.

Suggested Citation

  • Cooray, Arusha, 2008. "A Model of Inflation for Sri Lanka," Review of Applied Economics, Lincoln University, Department of Financial and Business Systems, vol. 4(1-2), pages 1-10.
    • Handle: RePEc:ags:reapec:50017
    DOI: 10.22004/ag.econ.50017
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    References listed on IDEAS

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    7. Anonymous, 1963. "International Monetary Fund," International Organization, Cambridge University Press, vol. 17(2), pages 500-504, April.
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    Cited by:

    1. Ayesh Ariyasinghe & N. S. Cooray, 2021. "The Nexus Of Foreign Reserves, Exchange Rate And Inflation: Recent Empirical Evidence From Sri Lanka," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 22(1), pages 29-72, March.
    2. Biswajit Maitra, 2015. "Monetary Policy, Income Growth and Price Stability in Malaysia," South Asian Journal of Macroeconomics and Public Finance, , vol. 4(1), pages 91-117, June.

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