Exchange Rate Appreciation As a Signal of a New Policy Stance /
It is shown in a game theoretic framework that it may pay off to signal a 'conservative' policy stance--giving a high priority to price stability--by appreciating the exchange rate. Such an appreciation demonstrates to domestic producers and more precisely to the trade union that the new p...
| প্রধান লেখক: | |
|---|---|
| বিন্যাস: | পত্রিকা |
| ভাষা: | English |
| প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
1991.
|
| মালা: | IMF Working Papers; Working Paper ;
No. 1991/032 |
| অনলাইন ব্যবহার করুন: | Full text available on IMF |