Losing Credibility : The Stabilization Blues /
In exchange rate-based stabilization programs, credibility often follows a distinct time pattern. At first it rises as the highly visible nominal anchor provides a sense of stability and hopes run high for a permanent solution to the fiscal problems. Later, as the domestic currency appreciates in re...
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| Format: | Tidsskrift |
| Sprog: | English |
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Washington, D.C. :
International Monetary Fund,
1992.
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| Serier: | IMF Working Papers; Working Paper ;
No. 1992/073 |
| Online adgang: | Full text available on IMF |