On the reasons behind fear of floating : pass-through effects vs. contractionary depreciations

Based on a simple open economy framework, this analysis rationalizes the existence of “fear of floating”-type responses and uncovers some important implications about to role of pass-through effects and contractionary depreciations. By examining how the optimal monetary response varies when altering...

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Detalles Bibliográficos
Autor principal: Castro, Juan Francisco
Formato: Libro
Lenguaje:Inglés
Publicado: 2014
Materias:
Acceso en línea:http://hdl.handle.net/11354/280
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=pe/pe-014&d=11354280oai
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