Commodity Price Shocks and Imperfectly Credible Macroeconomic Policies in Commodity-Exporting Small Open Economies /

In this paper, we analyze how lack of credibility and transparency of monetary and fiscal policies undermines the effectiveness of macroeconomic policies to isolate the economy from commodity price fluctuations. We develop a general equilibrium model for a commodity-exporting economy where macro pol...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Medina Guzman, Juan Pablo
مؤلفون آخرون: Soto, Claudio
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2014.
سلاسل:IMF Working Papers; Working Paper ; No. 2014/033
الوصول للمادة أونلاين:Full text available on IMF