Inflation starts in Latin America and the Caribbean

被引：4

作者：

Moore, Winston Ricardo ^{[1
]}

Lewis-Bynoe, Denny M. ^{[2
]}

Morgan, Natalia ^{[3
]}

机构：

[1] Univ W Indies, Dept Econ, Bridgetown 64, Barbados

[2] Caribbean Dev Bank, Dept Econ, Bridgetown, Barbados

[3] Cent Bank Barbados, Dept Res, Bridgetown, Barbados

来源：

APPLIED ECONOMICS | 2012年 / 44卷 / 07期

关键词：

POLITICAL BUSINESS-CYCLE; ECONOMIES; MONETARY; POLICY; EXPECTATIONS; BEHAVIOR; DEBT;

D O I：

10.1080/00036846.2010.524629

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

High rates of inflation are a perennial problem in Latin American and Caribbean (LAC) countries. This article attempts to identify the factors that initiate these inflationary episodes using observations on 31 LAC countries between 1970 and 2006. The study finds that the key determinants of inflation starts in the region are demand pressures, oil price shocks, elections, transitions to less repressive political regimes and foreign inflation.

引用

页码：825 / 834

页数：10

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