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...
Autor Principal: | |
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Formato: | Revista |
Idioma: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
1996.
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Series: | IMF Working Papers; Working Paper ;
No. 1996/114 |
Acceso en liña: | Full text available on IMF |