Financial Infusion and Exiting from a Money Rule /

Money demand often surges after successful macroeconomic stabilization. This paper gives a name-financial infusion-to these surges because their size, unpredictability, and concurrence with other 'success shocks' pose unique challenges to policy, especially under a money rule. An examinati...

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Detalhes bibliográficos
Autor principal: Stone, Mark
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1998.
coleção:IMF Working Papers; Working Paper ; No. 1998/031
Acesso em linha:Full text available on IMF