Monetary and Exchange Rate Dynamics During Disinflation : An Empirical Analysis /

Based on the observed behavior of monetary aggregates and exchange rates, we classify inflation-stabilization episodes into two categories: de facto exchange rate-based stabilizations (ERBS) and non-ERBS. Unlike the standard de jure ERBS studied in the literature, de facto ERBS encompass cases in wh...

Descripción completa

Detalles Bibliográficos
Autor principal: Zhang, Lei
Otros Autores: Arias Leiva, Andres, Hamann, A.
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2005.
Colección:IMF Working Papers; Working Paper ; No. 2005/033
Acceso en línea:Full text available on IMF