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...

詳細記述

書誌詳細
第一著者: Portillo, Rafael
その他の著者: Zanna, Luis-Felipe
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2015.
シリーズ:IMF Working Papers; Working Paper ; No. 2015/033
オンライン・アクセス:Full text available on IMF