open inflation


Also found in: Financial.

open inflation

[‚ō·pən in′flā·shən]
(astronomy)
A version of the inflationary universe cosmology in which there is sufficient inflation to solve the horizon problem but not enough to result in a flat universe.
References in periodicals archive ?
With regard to inflation, Figure 2 shows inflation peaking at the onset of transition, associated with the liberalization of prices and the elimination of the monetary overhang via open inflation for all eight economies.
A common explanation of the open inflation in economic reform offered by comparative economists is the release of existing monetary overhang.
Inflation may be described as rising prices or open inflation.