World Food Prices and Monetary Policy /

The large swings in world food prices in recent years renew interest in the question of how monetary policy in small open economies should react to such imported price shocks. We examine this issue in a canonical open economy setting with sticky prices and where food plays a distinctive role in util...

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Dettagli Bibliografici
Autore principale: Chang, Roberto
Altri autori: Catao, Luis
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2010.
Serie:IMF Working Papers; Working Paper ; No. 2010/161
Accesso online:Full text available on IMF