Money-Based Versus Exchange-Rate-Based Stabilization : Is There Space for Political Opportunism? /

In response to high and chronic inflation, countries have adopted different stabilization policies. However, the extent to which these stabilization programs were designed for political motives is not clear. Since exchange-rate-based stabilizations (ERBS) create an initial consumption boom followed...

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Détails bibliographiques
Auteur principal: Aisen, Ari
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2004.
Collection:IMF Working Papers; Working Paper ; No. 2004/094
Accès en ligne:Full text available on IMF

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