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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| フォーマット: | 雑誌 |
| 言語: | English |
| 出版事項: |
Washington, D.C. :
International Monetary Fund,
2004.
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| シリーズ: | IMF Working Papers; Working Paper ;
No. 2004/232 |
| オンライン･アクセス: | Full text available on IMF |