Moderate Inflation in Poland : A Real Story /

Why is moving from moderate to low inflation almost always slow or costly? This paper answers this question, based on the Polish experience. First, reflecting the transition to a market economy, Polish inflation has been marked by significant changes in relative prices. Second, as wage and price ind...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Pujol, Thierry
Weitere Verfasser: Griffiths, Mark
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1996.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1996/057
Online Zugang:Full text available on IMF