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Credibility Effects of Price Controls in Disinflation Programs

Credibility Effects of Price Controls in Disinflation Programs »

Source: Credibility Effects of Price Controls in Disinflation Programs

Volume/Issue: 1992/83

Series: IMF Working Papers

Author(s): Pierre-Richard Agénor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1992

ISBN: 9781451850482

Keywords: inflation, monetary policy, inflation rate, money stock, monetary fund

This paper examines whether price controls may enhance the credibility of a disinflation program, using a framework in which agents behave strategically. The analysis indicates that a partial price freeze is not fu...

Credibility Effects of Price Controls in Disinflation Programs

Credibility Effects of Price Controls in Disinflation Programs »

Volume/Issue: 1992/83

Series: IMF Working Papers

Author(s): Pierre-Richard Agénor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1992

DOI: http://dx.doi.org/10.5089/9781451850482.001

ISBN: 9781451850482

Keywords: inflation, monetary policy, inflation rate, money stock, monetary fund

This paper examines whether price controls may enhance the credibility of a disinflation program, using a framework in which agents behave strategically. The analysis indicates that a partial price freeze is not fu...

Price Controls and Electoral Cycles

Price Controls and Electoral Cycles »

Volume/Issue: 1993/89

Series: IMF Working Papers

Author(s): Carlos Asilis , and Pierre-Richard Agénor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1993

DOI: http://dx.doi.org/10.5089/9781451851229.001

ISBN: 9781451851229

Keywords: inflation, rate of inflation, inflation rate, monetary fund, money stock

This paper studies the interactions between electoral considerations and the imposition of price controls by opportunistic policymakers. The analysis shows that a policy cycle emerges in which price controls are im...

Price Controls and Electoral Cycles

Price Controls and Electoral Cycles »

Source: Price Controls and Electoral Cycles

Volume/Issue: 1993/89

Series: IMF Working Papers

Author(s): Carlos Asilis , and Pierre-Richard Agénor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1993

ISBN: 9781451851229

Keywords: inflation, rate of inflation, inflation rate, monetary fund, money stock

This paper studies the interactions between electoral considerations and the imposition of price controls by opportunistic policymakers. The analysis shows that a policy cycle emerges in which price controls are im...