On the First-Round Effects of International Food Price Shocks : the Role of the Asset Market Structure /

We develop a tractable small open-economy model to study the first-round effects of international food price shocks in developing countries. We define first-round effects as changes in headline inflation that, holding core inflation constant, help implement relative price adjustments. The model feat...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Portillo, Rafael
مؤلفون آخرون: Zanna, Luis-Felipe
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2015.
سلاسل:IMF Working Papers; Working Paper ; No. 2015/033
الوصول للمادة أونلاين:Full text available on IMF