This paper deals with the effects of disinflation on economic activity in "chronic inflation" countries -- countries with a long inflationary history above the rates in industrialized countries, where labor and capital markets are adjusted to function in the inflationary environment. The sample is based on a number of Latin American countries and Israel. The main finding is that stabilization processes in chronic inflation countries do not normally...
Подробнее
ПОДРОБНАЯ ИНФОРМАЦИЯ
-
1990/10/31
-
Рабочий документ в рамках исследования вопросов политики
-
WPS513
-
1
-
1
-
2010/07/01
-
The business cycle associated with exchange-rate-based stabilization
-
Exchange Rates
ФАЙЛЫ ДЛЯ СКАЧИВАНИЯ
ПОЛНЫЙ ОТЧЕТ
Официальная версия документа (может содержать подписи, и т.д.)