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• W1623654675 abstract "Abstract-The purpose of this paper is to test the hypothesis first documented by [1], that inflation is lower in more open economies. According to this hypothesis, central banks have a smaller incentive to engineer surprise inflations in more-open economies because the Phillips curve is steeper. We utilized the ARDL Bounds test approach to level relationship proposed by [2] for Iranian annual data over the period 1973-2007. Results from Bounds test approach confirm existence of long-run relationship among the variables under consideration. The results show that openness has negative and significant effect on inflation in short-run but its effect in long-run is not significant." @default.
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• W1623654675 date "2011-12-01" @default.
• W1623654675 modified "2023-09-24" @default.
• W1623654675 title "Openness and Inflation in Iran" @default.
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