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...

Descripción completa

Detalles Bibliográficos
Autor principal: Ghosh, Atish
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 1996.
Colección:IMF Working Papers; Working Paper ; No. 1996/046
Acceso en línea:Full text available on IMF