Supply-Side Effects of Disinflation Programs /
This paper focuses on the short-run and long-run supply-side effects of disinflation programs in a two-sector economy. Fixing the exchange rate reduces the wedge between the return on foreign assets and that on domestic capital, leading to an increase in the latter. After an initial real exchange ra...
| Yazar: | |
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| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
1994.
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| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 1994/084 |
| Online Erişim: | Full text available on IMF |