Credibility and Exchange Rate Management in Developing Countries /
The paper examines the role of credibility in the conduct of exchange rate policy in developing countries, The analysis is based on a model in which policymakers are concerned about inflation and external competitiveness. Price setters in the nontraded goods sector of the economy adjust prices in re...
Autore principale: | Agenor, Pierre-Richard |
---|---|
Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
1991.
|
Serie: | IMF Working Papers; Working Paper ;
No. 1991/087 |
Accesso online: | Full text available on IMF |
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