Is Exchange Rate Stabilization an Appropriate Cure for the Dutch Disease? /

This paper evaluates how successful is a policy of exchange rate stabilization to counteract the negative effects of a Dutch Disease episode. We consider a small open economy model that incorporates nominal rigidities and a learning-by-doing externality in the tradable sector. The paper shows that l...

Fuld beskrivelse

Bibliografiske detaljer
Hovedforfatter: Medina Guzman, Juan Pablo
Andre forfattere: Lama, Ruy
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2010.
Serier:IMF Working Papers; Working Paper ; No. 2010/182
Online adgang:Full text available on IMF