A Monetary Policy Rule for Jamaica /
Since 1996, the Bank of Jamaica (BoJ) has sought to limit changes in the exchange rate for the Jamaican dollar in the context of its efforts to maintain low inflation. However, with a persistently high public sector deficit, real interest rates have remained generally high, which partly explains the...
Main Author: | Sun, Yan |
---|---|
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2005.
|
Series: | IMF Working Papers; Working Paper ;
No. 2005/041 |
Online Access: | Full text available on IMF |
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