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...

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Xehetasun bibliografikoak
Egile nagusia: Agenor, Pierre-Richard
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 1991.
Saila:IMF Working Papers; Working Paper ; No. 1991/087
Sarrera elektronikoa:Full text available on IMF