The Business Cycle Associated with Exchange rate based Stabilization is popular PDF and ePub book, written by Miguel Alberto Kiguel in 1990, it is a fantastic choice for those who relish reading online the Business cycles genre. Let's immerse ourselves in this engaging Business cycles book by exploring the summary and details provided below. Remember, The Business Cycle Associated with Exchange rate based Stabilization can be Read Online from any device for your convenience.
The Business Cycle Associated with Exchange rate based Stabilization Book PDF Summary
Disinflation programs in chronic inflation countries do not normally follow the usual Phillips curve tradeoff in the medium run. Instead of having a sharp recession in the early stage of stabilization, there often is an initial expansion of output followed by a recession and balance of payments difficulties. This pattern is related to programs that use the exchange rate as an instrument of disinflation.
Detail Book of The Business Cycle Associated with Exchange rate based Stabilization PDF
- Author : Miguel Alberto Kiguel
- Release : 21 September 1990
- Publisher : World Bank Publications
- ISBN : 978186723xxxx
- Genre : Business cycles
- Total Page : 59 pages
- Language : English
- PDF File Size : 9,5 Mb
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