Are Stabilization programs Expansionary?

The empirical evidence presented in this paper casts serious doubts on the by now widely accepted "stylized factes" of the exchange rate based stabilization programs (ERBS) as they are stated in Kiguel and Liviatan (1992) and in vegh (1992).

MoreLess

Year of publication:	1996
Authors:	Echenique, F. ; Forteza, A.
Subject:	FINANCIAL POLICY \| EXCHANGE RATE

More details

Type of publication:	Book / Working Paper
Notes:	21 pages
Classification:	E43 - Determination of Interest Rates; Term Structure Interest Rates ; E42 - Monetary Systems; Standards; Regimes; Government and the Monetary System
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005487141