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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Detalhes bibliográficos
Autor principal: Coorey, Sharmini
Outros Autores: Mecagni, Mauro, Offerdal, Erik
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1996.
Colecção:IMF Working Papers; Working Paper ; No. 1996/138
Acesso em linha:Full text available on IMF