Obstacles to Disinflation : What is the Role of Fiscal Expectations? /

Is backward-looking behavior in pricing or imperfect credibility of stabilization efforts responsible for the failure of inflation rates to decline to targeted levels during many disinflation programs? This paper assesses the relative importance of these two factors during a number of disinflation a...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Gelos, R.
مؤلفون آخرون: Celasun, Oya, Prati, Alessandro
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2004.
سلاسل:IMF Working Papers; Working Paper ; No. 2004/111
الوصول للمادة أونلاين:Full text available on IMF