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...

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Detalles Bibliográficos
Autor Principal: Pujol, Thierry
Outros autores: Griffiths, Mark
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1996.
Series:IMF Working Papers; Working Paper ; No. 1996/057
Acceso en liña:Full text available on IMF