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Monetary and Exchange Rate Dynamics During Disinflation
			: An Empirical Analysis

Monetary and Exchange Rate Dynamics During Disinflation : An Empirical Analysis »

Volume/Issue: 2005/33

Series: IMF Working Papers

Author(s): Lei Zhang , A. Hamann , and Andres Arias Leiva

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2005

DOI: http://dx.doi.org/10.5089/9781451860528.001

ISBN: 9781451860528

Keywords: Inflation stabilization, nominal anchor, exchange rate-based stabilization, stabilization, exchange rate, exchange rate anchor, exchange rate volatility, foreign exchange, Open Economy Macroeconomics,

Based on the observed behavior of monetary aggregates and exchange rates, we classify inflation-stabilization episodes into two categories: de facto exchange rate-based stabilizations (ERBS) and non-ERBS. Unlike th...

Monetary and Exchange Rate Dynamics During Disinflation

Monetary and Exchange Rate Dynamics During Disinflation »

Source: Monetary and Exchange Rate Dynamics During Disinflation : An Empirical Analysis

Volume/Issue: 2005/33

Series: IMF Working Papers

Author(s): Lei Zhang , A. Hamann , and Andres Arias Leiva

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2005

ISBN: 9781451860528

Keywords: Inflation stabilization, nominal anchor, exchange rate-based stabilization, stabilization, exchange rate, exchange rate anchor, exchange rate volatility, foreign exchange, Open Economy Macroeconomics,

Based on the observed behavior of monetary aggregates and exchange rates, we classify inflation-stabilization episodes into two categories: de facto exchange rate-based stabilizations (ERBS) and non-ERBS. Unlike th...