The Resource Credibility effects of price controls in disinflation programs, prepared by Pierre-Richard Agénor

Credibility effects of price controls in disinflation programs, prepared by Pierre-Richard Agénor

Label
Credibility effects of price controls in disinflation programs
Title
Credibility effects of price controls in disinflation programs
Statement of responsibility
prepared by Pierre-Richard Agénor
Creator
Contributor
Author
Issuing body
Subject
Language
eng
Summary
This paper examines whether price controls may enhance the credibility of a disinflation program, using a framework in which agents behave strategically. the analysis indicates that a partial price freeze is not fully credible, and may result in inflation inertia. the authorities may be able to determine optimally the intensity of price controls so as to minimize the policy loss associated with a discretionary monetary strategy. But the optimal intensity of controls is shown to be significantly different from zero only if the cost of enforcing price ceilings is not too high, or if the weight attached to price distortions in the policymakers loss function is small
Member of
Action
digitized
Cataloging source
OCLCE
Illustrations
illustrations
Index
no index present
LC call number
HG3810
LC item number
.I44 v.92, no.83
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/92/83
Label
Credibility effects of price controls in disinflation programs, prepared by Pierre-Richard Agénor
Publication
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references (pages 15-17)
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn646941650
Dimensions
unknown
Extent
1 online resource (ii, 17 pages)
File format
one file format
Form of item
online
Isbn
9781455211050
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
illustrations
http://library.link/vocab/recordID
.b3719754x
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)646941650
  • imf1455211052
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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