International Trade and the Connection Between Excess Demand and Inflation

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dc.contributor.authorNault, Barrie R
dc.contributor.authorDexter, Albert S.
dc.contributor.authorLevi, Maurice D.
dc.date.accessioned2016-01-04T18:39:32Z
dc.date.available2016-01-04T18:39:32Z
dc.date.issued2005-09
dc.descriptionauthor can archive pre-print (ie pre-refereeing). Publisher source must be acknowledged with citation. http://ezproxy.lib.ucalgary.ca/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=bsh&AN=18257882&site=ehost-live Must link to publisher version with set statement (see policy)en_US
dc.description.abstractThis paper demonstrates that globalization, taking the form of a higher import component of consumption and a larger export component of GDP, is the cause of the apparent breakdown in the relationship between excess demand and inflation. Within a parsimonious empirical framework, we show that increasing openness of the US economy is all that is needed to re-establish the relationship between inflation and capacity utilization. We also show that international trade has a significant separate influence on inflation, and is important for identifying a Phillips curve relationship between unemployment and inflation.en_US
dc.description.refereedYesen_US
dc.identifier.citationDexter, A.S., M. D. Levi and Nault, B.R., "International Trade and the Connection Between Excess Demand and Inflation", Review of International Economics, 13, 4 (September 2005), 699-708.en_US
dc.identifier.doi10.1111/j.1467-9396.2005.00532.x
dc.identifier.doihttp://dx.doi.org/10.11575/PRISM/34188
dc.identifier.issn0965-7576
dc.identifier.urihttp://hdl.handle.net/1880/51035
dc.language.isoenen_US
dc.publisherWileyen_US
dc.publisher.corporateUniversity of Calgaryen_US
dc.publisher.departmentManagement and Information Systemsen_US
dc.publisher.facultyHaskayne School of Businessen_US
dc.publisher.institutionUniversity of Calgaryen_US
dc.publisher.urlhttp://ca.wiley.com/WileyCDA/en_US
dc.subjectGlobalizationen_US
dc.subjectInternational tradeen_US
dc.subjectConsumption (Economics)en_US
dc.subjectDemand (economic theory)en_US
dc.subjectSupply & Demanden_US
dc.subjectInflation (Finance)en_US
dc.titleInternational Trade and the Connection Between Excess Demand and Inflationen_US
dc.typejournal article
thesis.degree.disciplineManagement Information Systemsen_US
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