Series: IMF Working Papers
Author(s): R. Morales
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 1998
Keywords: exchange rate, real exchange rate, inflation, foreign currency, foreign exchange
Complementing the explanation provided by Calvo and Vegh (1994) for money-based stabilization programs, exchange rate uncertainty introduced to a particular version of the portfolio approach with imperfect competit...