Disinflation and the Recession-Now-Versus-Recession-Later Hypothesis : Evidence From Uruguay /

Both analytical models and casual empiricism suggest that the timing of the recessionary costs associated with inflation stabilization in chronic inflation countries may depend on the nominal anchor which is used. Under money-based stabilization, the recession occurs at the beginning of the program,...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Vegh Gramont, Carlos
مؤلفون آخرون: Hoffmaister, Willy
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1995.
سلاسل:IMF Working Papers; Working Paper ; No. 1995/099
الوصول للمادة أونلاين:Full text available on IMF