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...
| Körperschaft: | |
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| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
1990.
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| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 1990/029 |
| Online Zugang: | Full text available on IMF |