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...
Príomhchruthaitheoir: | |
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Rannpháirtithe: | |
Formáid: | IRIS |
Teanga: | English |
Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
2004.
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Sraith: | IMF Working Papers; Working Paper ;
No. 2004/232 |
Rochtain ar líne: | Full text available on IMF |