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...
Príomhchruthaitheoir: | |
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Formáid: | IRIS |
Teanga: | English |
Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
1991.
|
Sraith: | IMF Working Papers; Working Paper ;
No. 1991/087 |
Rochtain ar líne: | Full text available on IMF |