Financial Infusion and Exiting from a Money Rule /
Money demand often surges after successful macroeconomic stabilization. This paper gives a name-financial infusion-to these surges because their size, unpredictability, and concurrence with other 'success shocks' pose unique challenges to policy, especially under a money rule. An examinati...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1998.
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| Series: | IMF Working Papers; Working Paper ;
No. 1998/031 |
| Online Access: | Full text available on IMF |