Globalization, Taylor rulesand inflation

References

• Carare, A. and Tchaidze, R. (2005) The use and abuse of Taylor rules: how precisely can we estimate them? IMF Working Paper, WP/05/148
   Google Scholar
• Clarida , R. , Gali , J. and Gertler , M. 1998 . Monetary policy rules in practice: some international evidence . European Economic Review , 42 : 1033 – 67 .
   Web of Science ®Google Scholar
• Daniels , J. P. , Nourzad , F. and Vanhoose , D. D. 2005 . Openness, central bank independence and the sacrifice ratio . Journal of Money, Credit, and Banking , 37 : 371 – 9 .
   Web of Science ®Google Scholar
• Gruben , W. C. and McLeod , D. 2002 . Capital account liberalization and inflation . Economics Letters , 77 : 221 – 5 .
   Web of Science ®Google Scholar
• Gruben , W. C. and McLeod , D. 2004 . The openness-inflation puzzle revisited . Applied Economics Letters , 11 : 465 – 8 .
   Web of Science ®Google Scholar
• Lane , P. R. 1997 . Inflation in open economies . Journal of International Economics , 42 : 327 – 47 .
   Web of Science ®Google Scholar
• Lane, P. R. and Milesi-Ferretti, G. M. (2006) The external wealth of nations mark II: revised and extended estimates of foreign assets and liabilities, IMF Working Paper, No. 06/69
   Google Scholar
• Razin , A. and Loungani , P. 2007 . “ Globalization and equilibrium output-inflation tradeoffs ” . In NBER International Seminar on Macroeconomics 2005 , Edited by: Frankel , J. A. and Pissarides , C. Cambridge : MIT Press . , July 2005, 171–92
   Google Scholar
• Rogoff , K. 2003 . Disinflation: an unsung benefit of globalization? . Finance and Development , 40 : 54 – 5 .
   Google Scholar
• Romer , D. 1993 . Openness and inflation: theory and evidence . The Quarterly Journal of Economics , 153 : 869 – 901 .
   Web of Science ®Google Scholar
• Taylor , J. B. 1993 . Discretion versus policy rules in practice . Carnegie-Rochester Conference Series on Public Policy , 39 : 195 – 214 .
   Google Scholar
• Temple , J. 2002 . Openness, inflation and the Phillips curve: a puzzle . Journal of Money, Credit and Banking , 34 : 450 – 68 .
   Web of Science ®Google Scholar