Economic development and inflation: a theoretical and empirical analysis

This paper studies the relation between inflation and economic development. The literature is largely silent regarding both the theoretical and empirical perspectives that undeveloped countries endure higher average inflation than developed economies. We present a simple theoretical model linking th...

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Veröffentlicht in:	International review of applied economics 2018-07, Vol.32 (4), p.546-565
Hauptverfasser:	Roncaglia de Carvalho, André, Ribeiro, Rafael S. M., Marques, André M.
Format:	Artikel
Sprache:	eng
Schlagworte:	Bias Development economics Economic development Economic models Exports Human capital Inflation Inflation rates Terms of trade Unemployment
Online-Zugang:	Volltext
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