Modeling Inflation in Georgia /
The paper explains the behavior of inflation in Georgia in the post-stabilization period. A long-run equation linking prices to money and the exchange rate, as well as a short-run, dynamic equation for inflation are estimated. The inflation equation is stable, points to a dominant role of the exchan...
Main Author: | |
---|---|
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2003.
|
Series: | IMF Working Papers; Working Paper ;
No. 2003/212 |
Online Access: | Full text available on IMF |