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...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Portillo, Rafael
Beste egile batzuk: Zanna, Luis-Felipe
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2015.
Saila:IMF Working Papers; Working Paper ; No. 2015/033
Sarrera elektronikoa:Full text available on IMF