The Output-Inflation Nexus in Ukraine : Is there a Trade-Off? /

This paper examines whether expansionary credit policy can help sustain output growth in transition economies, with particular reference to Ukraine's experience since 1992. We find that, while real credit growth is indeed associated with higher output growth, an increase in the growth rate of n...

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Bibliographic Details
Main Author: Ghosh, Atish
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1996.
Series:IMF Working Papers; Working Paper ; No. 1996/046
Online Access:Full text available on IMF