Trinity Strikes Back : Monetary Independence and Inflation in the Caribbean /

Monetary independence is at the core of the macroeconomic policy trilemma stating that an independent monetary policy, a fixed exchange rate and free movement of capital cannot exist at the same time. This study examines the relationship between monetary autonomy and inflation dynamics in a panel of...

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Bibliographic Details
Main Author: Cevik, Serhan
Other Authors: Zhu, Tianle
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF Working Papers; Working Paper ; No. 2019/197
Online Access:Full text available on IMF