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...

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書目詳細資料
主要作者: Portillo, Rafael
其他作者: Zanna, Luis-Felipe
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2015.
叢編:IMF Working Papers; Working Paper ; No. 2015/033
在線閱讀:Full text available on IMF