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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Dettagli Bibliografici
Autore principale: Guidotti, Pablo
Altri autori: Vegh Gramont, Carlos
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1992.
Serie:IMF Working Papers; Working Paper ; No. 1992/073
Accesso online:Full text available on IMF

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