ISSN 1300-1868
 

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OPENNESS AND THE EFFECTS OF MONETARY POLICY ON INFLATION: AN APPLICATION

Nihat Işık.

Abstract
This paper assesses the relationship between openness and the effectiveness of monetary policy on inflation by using annual data for the 19902000 period for a panel of 42 countries. The paper's empirical results support the theoretical predictions that the more open the economy is the larger the inflation effects of a given change in the money supply.

Key words: Openness, Monetary Policy, Inflation



Dışa Açılma ve Para Politikasının Enflasyon Üzerindeki Etkileri:Bir Uygulama

Ozet
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Anahtar Kelimeler: YOK


 
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REFERENCES
Balassa, B. ve Bauwens, L., (1988), Changing Trade Patterns in Manufactured Goods, An Econometric Investigation, North Ho!land, 37-39.
Bryant, R, Henderson, D, Holtham, G, Hooper, P, Symansky, S., (1988), Empirical Macroeconomics for Interdependent Economies, Brookings lnstitution, Washington, DC.
Hausman, J., (1978) "Specification Testsin Econometrics", Econometrica, Vol.46, 1251-1271. [DOI via Crossref]   
Judge, G.G, Griffýths, W.E, Hill, R.C, Lutkepohl, H, Lee, T.C., (1985), The Theory and Practice of Econometrics, John Wiley, New York.
Karras, Georgios, ( 1999), "Openness and the Effects of Monetary Policy", Journal of International Money and Finance, Vol. 18, 13-26.
Rane, Philip R., (1997), "Inflation in Open Economies", Journal of International Economics, Vol42, 327-347
Romer, David., (1993), "Openness and lnflation: theory and evidence", Quarterly Journal of Economics, Vol 108, 869-903. [DOI via Crossref]   
Terra, Cristina T (1998), "Openness and Inflation: A New Assessment", Quarterly Journal ofEconomics, CXIII, 641-648.

How to Cite this Article
Pubmed Style

Nihat Isik. [OPENNESS AND THE EFFECTS OF MONETARY POLICY ON INFLATION: AN APPLICATION]. Ekonomik Yaklasim. 2003; 14(48): 87-96. Turkish. doi:10.5455/ey.10388


Web Style

Nihat Isik. [OPENNESS AND THE EFFECTS OF MONETARY POLICY ON INFLATION: AN APPLICATION]. http://www.ekonomikyaklasim.org/?mno=155994 [Access: March 29, 2020]. Turkish. doi:10.5455/ey.10388


AMA (American Medical Association) Style

Nihat Isik. [OPENNESS AND THE EFFECTS OF MONETARY POLICY ON INFLATION: AN APPLICATION]. Ekonomik Yaklasim. 2003; 14(48): 87-96. Turkish. doi:10.5455/ey.10388



Vancouver/ICMJE Style

Nihat Isik. [OPENNESS AND THE EFFECTS OF MONETARY POLICY ON INFLATION: AN APPLICATION]. Ekonomik Yaklasim. (2003), [cited March 29, 2020]; 14(48): 87-96. Turkish. doi:10.5455/ey.10388



Harvard Style

Nihat Isik (2003) [OPENNESS AND THE EFFECTS OF MONETARY POLICY ON INFLATION: AN APPLICATION]. Ekonomik Yaklasim, 14 (48), 87-96. Turkish. doi:10.5455/ey.10388



Turabian Style

Nihat Isik. 2003. [OPENNESS AND THE EFFECTS OF MONETARY POLICY ON INFLATION: AN APPLICATION]. Ekonomik Yaklasim, 14 (48), 87-96. Turkish. doi:10.5455/ey.10388



Chicago Style

Nihat Isik. "[OPENNESS AND THE EFFECTS OF MONETARY POLICY ON INFLATION: AN APPLICATION]." Ekonomik Yaklasim 14 (2003), 87-96. Turkish. doi:10.5455/ey.10388



MLA (The Modern Language Association) Style

Nihat Isik. "[OPENNESS AND THE EFFECTS OF MONETARY POLICY ON INFLATION: AN APPLICATION]." Ekonomik Yaklasim 14.48 (2003), 87-96. Print.Turkish. doi:10.5455/ey.10388



APA (American Psychological Association) Style

Nihat Isik (2003) [OPENNESS AND THE EFFECTS OF MONETARY POLICY ON INFLATION: AN APPLICATION]. Ekonomik Yaklasim, 14 (48), 87-96. Turkish. doi:10.5455/ey.10388





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