External Shocks and Inflation in Developing Countries Under a Real Exchange Rate Rule /

This paper shows that the response of inflation to external shocks is very different when the authorities target the real exchange rate than when they follow a fixed exchange rate or a preannounced crawling peg. Specifically, shocks that would have no effect on the steady-state inflation rate under...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Ostry, Jonathan
अन्य लेखक: Montiel, Peter
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 1992.
श्रृंखला:IMF Working Papers; Working Paper ; No. 1992/075
ऑनलाइन पहुंच:Full text available on IMF