Work

International Evidence on Tradables and Nontradable Inflation

Year: 1993

Type: report

Abstract: Using 1970Using -1985 sectoral data for the OECD we find that inflation in nontradable goods is higher than in tradables.We identify a demand shift towards nontradables and faster growth of total factor productivity in the tradable goods Sector as the prime causes of higher nontradables inflation.In addition, disinflation attempts and the exchange rate regime appear to have had significant influence on the relative inflation rate.

Source: National Bureau of Economic Research

DOI: 10.3386/w4438

Authors: Jose De Gregorio, Alberto Giovannini

Institutions: National Bureau of Economic Research, Center for Economic and Policy Research, Columbia University

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W4229566920

Cites: 16

Cited by: 11

Related to: 10