Macroeconomic Implications of the Transition to Inflation Targeting and Capital Account Liberalization in Romania /

In the near future, Romania will introduce inflation targeting and fully liberalize its capital account. This paper aims to analyze, in a dynamic general-equilibrium model with sticky prices and monopolistic competition, how these two profound changes will affect the ability of monetary policy to pu...

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Detalles Bibliográficos
Autor principal: Gueorguiev, Nikolay
Otros Autores: Berkmen, Pelin
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2004.
Colección:IMF Working Papers; Working Paper ; No. 2004/232
Acceso en línea:Full text available on IMF