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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Hlavní autor: Coorey, Sharmini
Další autoři: Mecagni, Mauro, Offerdal, Erik
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1996.
Edice:IMF Working Papers; Working Paper ; No. 1996/138
On-line přístup:Full text available on IMF