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Money Supply and Interest Rate Policy in a New-Keynesian Framework1/

Money Supply and Interest Rate Policy in a New-Keynesian Framework1/ »

Source: Money Supply and Interest Rate Policy in a New-Keynesian Framework

Volume/Issue: 1990/119

Series: IMF Working Papers

Author(s): Guillermo Calvo , and Carlos Végh Gramont

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1990

ISBN: 9781451940039

Keywords: inflation, nominal interest rate, inflation rate, real money

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, inclu...

Controlling Inflation

Controlling Inflation »

Source: Controlling Inflation : The Problem of Non-Indexed Debt

Volume/Issue: 1988/29

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 March 1988

ISBN: 9781451980578

Keywords: inflation, nominal interest rate, rate of inflation, price level, monetary balances

We show that the presence of nominal non-indexed government debt could give rise to more than one equilibrium inflation rate. Conditions for this to occur are discussed in terms of ad hoc and micro-founded models....

Losing Credibility

Losing Credibility »

Source: Losing Credibility : The Stabilization Blues

Volume/Issue: 1992/73

Series: IMF Working Papers

Author(s): Pablo Guidotti , and Carlos Végh Gramont

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1992

ISBN: 9781451958591

Keywords: exchange rate, balance of payments, balance of payments crisis, nominal interest rate, real exchange rate

In exchange rate-based stabilization programs, credibility often follows a distinct time pattern. At first it rises as the highly visible nominal anchor provides a sense of stability and hopes run high for a perman...

Money Supply and Interest Rate Policy in a New-Keynesian Framework

Money Supply and Interest Rate Policy in a New-Keynesian Framework »

Volume/Issue: 1990/119

Series: IMF Working Papers

Author(s): Guillermo Calvo , and Carlos Végh Gramont

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1990

DOI: http://dx.doi.org/10.5089/9781451940039.001

ISBN: 9781451940039

Keywords: inflation, nominal interest rate, inflation rate, real money

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, inclu...

Controlling Inflation
			: The Problem of Non-Indexed Debt

Controlling Inflation : The Problem of Non-Indexed Debt »

Volume/Issue: 1988/29

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 March 1988

DOI: http://dx.doi.org/10.5089/9781451980578.001

ISBN: 9781451980578

Keywords: inflation, nominal interest rate, rate of inflation, price level, monetary balances

We show that the presence of nominal non-indexed government debt could give rise to more than one equilibrium inflation rate. Conditions for this to occur are discussed in terms of ad hoc and micro-founded models....

Losing Credibility
			: The Stabilization Blues

Losing Credibility : The Stabilization Blues »

Volume/Issue: 1992/73

Series: IMF Working Papers

Author(s): Pablo Guidotti , and Carlos Végh Gramont

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1992

DOI: http://dx.doi.org/10.5089/9781451958591.001

ISBN: 9781451958591

Keywords: exchange rate, balance of payments, balance of payments crisis, nominal interest rate, real exchange rate

In exchange rate-based stabilization programs, credibility often follows a distinct time pattern. At first it rises as the highly visible nominal anchor provides a sense of stability and hopes run high for a perman...