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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Détails bibliographiques
Auteur principal: Coorey, Sharmini
Autres auteurs: Mecagni, Mauro, Offerdal, Erik
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1996.
Collection:IMF Working Papers; Working Paper ; No. 1996/138
Accès en ligne:Full text available on IMF