Exchange Rate Movements and Inflation Performance : The Case of Italy /
This paper presents an empirical model to study the response of wages and prices to movements in the nominal exchange rate. A four-equation model is applied to Italian data to evaluate the response of tradeable goods prices, consumer prices, and wages following the lira's exit from the ERM in t...
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| Format: | Revija |
| Jezik: | English |
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Washington, D.C. :
International Monetary Fund,
1995.
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| Serija: | IMF Working Papers; Working Paper ;
No. 1995/041 |
| Online dostop: | Full text available on IMF |