Utilize este identificador para referenciar este registo:
https://hdl.handle.net/1822/5757
Título: | Does political instability lead to higher inflation? a panel data analysis |
Autor(es): | Veiga, Francisco José Aisen, Ari |
Palavras-chave: | Inflation Political instability Institutions |
Data: | Ago-2006 |
Editora: | The Ohio State University |
Revista: | Journal of money, credit and banking |
Citação: | "Journal of money, credit and banking". ISSN 0022-2879. 38:5 (Aug. 2006) 1379-1389. |
Resumo(s): | The main purpose of this paper is to empirically determine the main causes of the worldwide diversity of inflationary experiences, a challenge not yet satisfactorily confronted by the profession for two fundamental reasons. First, empirical models explaining inflation in the literature generally fail to account for inflation inertia and for the endogeneity of important economic and political variables affecting inflation. We use system-generalized method of moments (GMM) estimation applied to dynamic panel data to address some of the econometric limitations of the OLS models previously used in the literature. Second, several political variables used as explanatory variables in earlier studies were relatively poorer. |
Tipo: | Artigo |
URI: | https://hdl.handle.net/1822/5757 |
DOI: | 10.1353/mcb.2006.0064 |
ISSN: | 0022-2879 |
Arbitragem científica: | yes |
Acesso: | Acesso aberto |
Aparece nas coleções: | NIPE - Artigos em Revistas de Circulação Internacional com Arbitragem Científica |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
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Aisen&Veiga_2006_jmcb.pdf | 633,47 kB | Adobe PDF | Ver/Abrir |