IMF Staff papers : Volume 26 No. 1.
In this paper, a general equilibrium model of a small open economy is constructed that reproduces the pattern of price, wage, and exchange rate behavior stressed by the 'vicious circle' view in the case where the primary source of disturbances in the economy is monetary. The paper also und...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1979.
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| Series: | IMF Staff Papers; IMF Staff Papers ;
No. 1979/001 |
| Online Access: | Full text available on IMF |