Real Exchange Rate Targeting Under Capital Controls : Can Money Provide a Nominal Anchor? /

This paper examines the issue of whether the money supply can serve as a nominal anchor for the domestic price level under real exchange rate targeting. When capital controls are perfect so that there is complete separation between official and unofficial markets for foreign exchange, the domestic i...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Montiel, Peter
مؤلفون آخرون: Ostry, Jonathan
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1991.
سلاسل:IMF Working Papers; Working Paper ; No. 1991/068
الوصول للمادة أونلاين:Full text available on IMF