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,...
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| Άλλοι συγγραφείς: | |
| Μορφή: | Επιστημονικό περιοδικό |
| Γλώσσα: | English |
| Έκδοση: |
Washington, D.C. :
International Monetary Fund,
1995.
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| Σειρά: | IMF Working Papers; Working Paper ;
No. 1995/099 |
| Διαθέσιμο Online: | Full text available on IMF |