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...

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Détails bibliographiques
Collectivité auteur: International Monetary Fund
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1990.
Collection:IMF Working Papers; Working Paper ; No. 1990/029
Accès en ligne:Full text available on IMF