13-vol. 7, no. 1, january-june, 1992
Articles

Credibility and stabilization: The exchange rate role in inflation reduction

Raúl Aníbal Feliz
Centro de Investigación y Docencia Económicas

Published 1992-01-01

Keywords

  • nominal exchange rate,
  • private sector,
  • inflation

How to Cite

Aníbal Feliz, R. (1992). Credibility and stabilization: The exchange rate role in inflation reduction. Estudios Económicos De El Colegio De México, 7(1), 85–102. https://doi.org/10.24201/ee.v7i1.303

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Abstract

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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