Disinflation in Transition Economies : The Role of Relative Price Adjustment /

In light of the persistence of moderate inflation in many transition economies, this paper analyzes whether inflation resulted from insufficiently tight financial policies and wage pressures or from the protracted adjustment of relative prices. Using a new database for 21 countries, the effect of re...

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Autor principal: Coorey, Sharmini
Altres autors: Mecagni, Mauro, Offerdal, Erik
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1996.
Col·lecció:IMF Working Papers; Working Paper ; No. 1996/138
Accés en línia:Full text available on IMF