Sticky Inflation and the Real Effects of Exchange Rate Based Stabilization /
Exchange rate-based inflation stabilization (ERBS) policies are associated with a boom-recession cycle in economic activity and sustained real exchange rate appreciation. A class of models in the literature has explained these empirical regularities with the lack of credibility of the stabilization...
| Հիմնական հեղինակ: | |
|---|---|
| Ձևաչափ: | Ամսագիր |
| Լեզու: | English |
| Հրապարակվել է: |
Washington, D.C. :
International Monetary Fund,
2003.
|
| Շարք: | IMF Working Papers; Working Paper ;
No. 2003/151 |
| Առցանց հասանելիություն: | Full text available on IMF |