The Resource Re-establishing credible nominal anchors after a financial crisis : a review of recent experience, Andrew G. Berg [and 3 others]

Re-establishing credible nominal anchors after a financial crisis : a review of recent experience, Andrew G. Berg [and 3 others]

Label
Re-establishing credible nominal anchors after a financial crisis : a review of recent experience
Title
Re-establishing credible nominal anchors after a financial crisis
Title remainder
a review of recent experience
Statement of responsibility
Andrew G. Berg [and 3 others]
Contributor
Author
Subject
Language
eng
Summary
This paper studies the question of how to achieve monetary policy credibility and price stability after a financial crisis. We draw stylized facts and conclusions from ten recent cases: Brazil (1999); Bulgaria (1997); Ecuador (2000); Indonesia (1997); Korea (1997); Malaysia (1997); Mexico (1994), Russia (1998); Thailand (1997); and Turkey (2001). Among our conclusions, highlights include: (i) monetary policy alone cannot stabilize; (ii) floats bring nominal stability quickly in countries with low pre-crisis inflation and hard pegs have been at least narrowly successful for countries in deeper disarray; (iii) in floats, early and determined tightening brings nominal stability and does not appear more costly for output; (iv) monetary aggregate targeting rarely serves as a coherent framework for floats; informal or full-fledged inflation targeting offers more promise
Member of
Action
digitized
Cataloging source
OCLCE
Illustrations
illustrations
Index
no index present
LC call number
HG3881.5.I58
LC item number
W67 no.03/76
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/03/76
Label
Re-establishing credible nominal anchors after a financial crisis : a review of recent experience, Andrew G. Berg [and 3 others]
Publication
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references (pages 42-44)
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
ocn648596444
Dimensions
unknown
Extent
1 online resource (44 pages)
File format
one file format
Form of item
online
Isbn
9781451896176
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
illustrations
http://library.link/vocab/recordID
.b37170892
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)648596444
  • imf1451896174
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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