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020129s1993 dcu o i00 0 eng d |
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|z 9781451851342
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|a 1018-5941
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7 |
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|a 10.5089/9781451851342.001
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|a (IMF)imfwpiea0901993
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|a (IMF)WPIEA0901993
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|a DcWaIMF
|b eng
|e rda
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|a Roldos, Jorge.
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|a On Credible Disinflation /
|c Jorge Roldos.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1993.
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300 |
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|a 1 online resource (26 pages)
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|a text
|b txt
|2 rdacontent.
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337 |
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|a computer
|b c
|2 rdamedia.
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338 |
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|a online resource
|b cr
|2 rdacarrier.
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|a IMF Working Papers.
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|a We study the effects of a credible, gradual exchange rate based disinflation program in a two sector economy. After an initial real exchange rate depreciation, the reductions in the rate of devaluation reduce the monetary wedge generated by a cash in advance constraint, leading to a gradual increase in absorption that yields progressive real exchange rate appreciations and current account deficits. An initial boom in economic activity is not followed by a later contraction, as labor supply expands during the whole length of the program.
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|a Description based on print version record.
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776 |
0 |
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|i Print Version:
|a Roldos, Jorge
|t On Credible Disinflation
|d Washington, D.C. : International Monetary Fund, 2021.
|z 9781451851342.
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830 |
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0 |
|a IMF working paper ;
|v WP/1993/090.
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856 |
4 |
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|u http://elibrary.imf.org/view/journals/001/1993/090/001.1993.issue-090-en.xml
|z Full Text (via IMF e-Library)
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907 |
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|a .b80537613
|b 05-02-23
|c 07-24-15
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998 |
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|a web
|b - -
|c f
|d b
|e -
|f eng
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|a IMF E-Library
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956 |
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|a IMF E-Library
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|s d7749a35-f4ed-5f65-86aa-a3a51b71f009
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|p Can circulate
|a University of Colorado Boulder
|b Online
|c Online
|d Online
|i web
|n 1
|