The Role of Monetary Policy in Israel's 1985 Stabilization Effort.
Comparing the performances of the Austral, Cruzado and Sheqel programs shows that the latent suggestion that a 'heterodox' stabilization program can be implemented without tight fiscal discipline to support a restrictive monetary policy, though welcome in the politicial arena, is unwarrant...
Соавтор: | |
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Формат: | Журнал |
Язык: | English |
Опубликовано: |
Washington, D.C. :
International Monetary Fund,
1990.
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Серии: | IMF Working Papers; Working Paper ;
No. 1990/029 |
Online-ссылка: | Full text available on IMF |