Exchange Rate Pass-Through in Spain /

This paper examines the factors underlying the stability of inflation observed following devaluations of the Spanish peseta, which took place during the 1992-93 Exchange Rate Mechanism (ERM) crisis. The long-run equilibrium relationships between the exchange rate and the aggregate price indices are...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Murgasova, Zuzana
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 1996.
Saila:IMF Working Papers; Working Paper ; No. 1996/114
Sarrera elektronikoa:Full text available on IMF