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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Detaylı Bibliyografya
Yazar: Miksjuk, Alex
Diğer Yazarlar: Ouliaris, Sam, Pranovich, Mikhail
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2015.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2015/281
Online Erişim:Full text available on IMF