The Game of Anchors : Studying the Causes of Currency Crises in Belarus /
Belarus experienced a sequence of currency crises during 2009-2014. Our empirical results, based on a structural econometric model, suggest that the activist wage policy and extensive state program lending (SPL) conflicted with the tightly managed exchange rate regime and suppressed monetary policy...
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| Kolejni autorzy: | , |
| Format: | Czasopismo |
| Język: | English |
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Washington, D.C. :
International Monetary Fund,
2015.
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| Seria: | IMF Working Papers; Working Paper ;
No. 2015/281 |
| Dostęp online: | Full text available on IMF |