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Social and Behavioral Sciences Commons

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Macroeconomics

University of Wollongong

Faculty of Commerce - Papers (Archive)

2008

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A Model Of Inflation For Sri Lanka, Arusha V. Cooray Jan 2008

A Model Of Inflation For Sri Lanka, Arusha V. Cooray

Faculty of Commerce - Papers (Archive)

This paper uses two models: an open economy model and a closed economy model to estimate a price equation for Sri Lanka. The results suggest greater support for the open economy model. Consistent with previous studies for Sri Lanka, supply side factors appear to be important in influencing the general price level in Sri Lanka.