Credibility and stabilization: The exchange rate role in inflation reduction
DOI:
https://doi.org/10.24201/ee.v7i1.303Keywords:
nominal exchange rate, private sector, inflationAbstract
In this article the scope and limitations of inflation reduction strategies based on nominal exchange rate policies are modelled theoretically. These strategies are derived from the solution of several types of dynamical games between the government and the private sector of the economy.
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