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What determines inflation in emerging market economies?

In: Modelling aspects of the inflation process and the monetary transmission mechanism in emerging market countries

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  • M S Mohanty

    (Bank for International Settlements)

  • Marc Klau

    (Bank for International Settlements)

Abstract

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Suggested Citation

  • M S Mohanty & Marc Klau, 2001. "What determines inflation in emerging market economies?," BIS Papers chapters, in: Bank for International Settlements (ed.), Modelling aspects of the inflation process and the monetary transmission mechanism in emerging market countries, volume 8, pages 1-38, Bank for International Settlements.
    • Handle: RePEc:bis:bisbpc:08-01
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    References listed on IDEAS

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    1. David T. Coe & C. John McDermott, 1997. "Does the Gap Model Work in Asia?," IMF Staff Papers, Palgrave Macmillan, vol. 44(1), pages 59-80, March.
    2. Carmen M. Reinhart & Graciela L. Kaminsky, 1999. "The Twin Crises: The Causes of Banking and Balance-of-Payments Problems," American Economic Review, American Economic Association, vol. 89(3), pages 473-500, June.
    3. Fielding, David & Bleaney, Michael, 2000. "Monetary Discipline and Inflation in Developing Countries: The Role of the Exchange Rate Regime," Oxford Economic Papers, Oxford University Press, vol. 52(3), pages 521-538, July.
    4. Ball, Laurence & Mankiw, N Gregory, 1994. "Asymmetric Price Adjustment and Economic Fluctuations," Economic Journal, Royal Economic Society, vol. 104(423), pages 247-261, March.
    5. Peter J. Quirk, 1994. "Fixed or Floating Exchange Regimes: Does it Matter for Inflation?," IMF Working Papers 1994/134, International Monetary Fund.
    6. Mr. Jonathan David Ostry & Ms. Anne Marie Gulde & Mr. Atish R. Ghosh & Holger C. Wolf, 1995. "Does the Nominal Exchange Rate Regime Matter?," IMF Working Papers 1995/121, International Monetary Fund.
    7. Evgeny Gavrilenkov & Mr. Vincent Koen, 1994. "How Large Was the the Output Collapse in Russia? Alternative Estimates and Welfare Implications," IMF Working Papers 1994/154, International Monetary Fund.
    8. Mr. Gunnar Jonsson, 1999. "Inflation, Money Demand, and Purchasing Power Parity in South Africa," IMF Working Papers 1999/122, International Monetary Fund.
    9. Ms. Paula De Masi, 1997. "IMF Estimates of Potential Output: Theory and Practice," IMF Working Papers 1997/177, International Monetary Fund.
    10. Robert E. Hall, 1982. "Inflation: Causes and Effects," NBER Books, National Bureau of Economic Research, Inc, number hall82-1.
    11. Mr. Jorge Roldos, 1997. "Potential Output Growth in Emerging Market Countries: The Case of Chile," IMF Working Papers 1997/104, International Monetary Fund.
    12. Carmen M. Reinhart, 2000. "The Mirage of Floating Exchange Rates," Annual Proceedings, The Association for the Study of the Cuban Economy, vol. 10.
    13. Michael Bruno, 1993. "Stabilization and the macroeconomics of transition ‐ How different is Eastern Europe?," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 1(1), pages 5-19, January.
    14. International Monetary Fund, 1999. "Philippines: Selected Issues," IMF Staff Country Reports 1999/092, International Monetary Fund.
    15. White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-838, May.
    16. Peter J. Montiel, 1989. "Empirical Analysis of High-Inflation Episodes in Argentina, Brazil, and Israel," IMF Staff Papers, Palgrave Macmillan, vol. 36(3), pages 527-549, September.
    17. Michael Parkin (ed.), 1994. "The Theory Of Inflation," Books, Edward Elgar Publishing, number 580.
    18. Pierre-Richard Agénor & Mr. Willy A Hoffmaister, 1997. "Money, Wages and Inflation in Middle-Income Developing Countries," IMF Working Papers 1997/174, International Monetary Fund.
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