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...
| Hlavní autor: | |
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| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
1991.
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| Edice: | IMF Working Papers; Working Paper ;
No. 1991/087 |
| On-line přístup: | Full text available on IMF |