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...
| Auteur principal: | |
|---|---|
| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
1991.
|
| Collection: | IMF Working Papers; Working Paper ;
No. 1991/087 |
| Accès en ligne: | Full text available on IMF |