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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Miksjuk, Alex
Muut tekijät: Ouliaris, Sam, Pranovich, Mikhail
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2015.
Sarja:IMF Working Papers; Working Paper ; No. 2015/281
Linkit:Full text available on IMF