Credit and Exchange Rate-Based Stabilization /

This paper examines the behavior of private sector credit in chronic inflation countries that undergo exchange rate-based inflation stabilizations. It concludes that these programs are characterized by a strong increase in private sector credit, both in absolute terms and as a fraction of real econo...

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Detalhes bibliográficos
Autor principal: Khamis, May
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1996.
coleção:IMF Working Papers; Working Paper ; No. 1996/051
Acesso em linha:Full text available on IMF