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20241006213017.0 |
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061030s2006 dcua ob i000 0 eng d |
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|n Title subscribed to via ProQuest Academic Complete
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|a dlr
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|a d------
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|a HG230.3
|b .L45 2006eb
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| 049 |
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|a HCDD
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| 100 |
1 |
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|a Leiderman, Leonardo,
|d 1951-
|e author.
|1 https://id.oclc.org/worldcat/entity/E39PBJqfDQQqbRx4Ctg4XcYdcP
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| 245 |
1 |
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|a Inflation targeting in dollarized economies /
|c prepared by prepared by Leonardo Leiderman, Rodolfo Maino, and Eric Parrado.
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| 260 |
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|a Washington, D.C. :
|b International Monetary Fund, Monetary and Financial Systems Dept.,
|c ©2006.
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| 300 |
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|a 1 online resource (20 pages) :
|b illustrations
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| 336 |
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|a text
|b txt
|2 rdacontent
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| 337 |
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|a computer
|b c
|2 rdamedia
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| 338 |
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|a online resource
|b cr
|2 rdacarrier
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| 340 |
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|g polychrome.
|2 rdacc
|0 http://rdaregistry.info/termList/RDAColourContent/1003
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| 347 |
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|a text file
|2 rdaft
|0 http://rdaregistry.info/termList/fileType/1002
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| 490 |
1 |
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|a IMF working paper,
|x 2227-8885 ;
|v WP/06/157
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| 504 |
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|a Includes bibliographical references.
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0 |
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|a Print version record.
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|a The shift to inflation targeting has contributed to the relatively low inflation observed in some emerging market economies although, as noted by many economists, the preconditions required for a successful implementation were not in place. The existence of managed exchange rate regimes, a narrow base of domestic nominal financial assets, the lack of market instruments to hedge exchange rate risks, together with fear of floating and dollarization, have been stressed as factors that might weaken the efficacy of monetary policy. By examining various aspects of monetary transmission and policy formulation in two highly dollarized economies (Peru and Bolivia) vis-à-vis two economies with low levels of dollarization (Chile and Colombia), we found that, while dollarization imposes differences in both the transmission capacity of monetary policy and its impact on real and financial sectors, it does not preclude the use of inflation targeting as a policy regime.
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0 |
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|a Contents -- I. INTRODUCTION -- II. HOW DOES DOLLARIZATION AFFECT MONETARY POLICY? -- III. THE RECENT MONETARY EXPERIENCES OF PERU AND BOLIVIA -- IV. MONETARY POLICY TRANSMISSION -- V. REACTION FUNCTIONS -- VI. CONCLUDING REMARKS -- REFERENCES
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| 506 |
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|3 Use copy
|f Restrictions unspecified
|2 star
|5 MiAaHDL
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| 533 |
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|a Electronic reproduction.
|b [Place of publication not identified] :
|c HathiTrust Digital Library,
|d 2011.
|5 MiAaHDL
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| 538 |
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|a 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.
|u http://purl.oclc.org/DLF/benchrepro0212
|5 MiAaHDL
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| 583 |
1 |
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|a digitized
|c 2011
|h HathiTrust Digital Library
|l committed to preserve
|2 pda
|5 MiAaHDL
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| 546 |
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|a English.
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| 650 |
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0 |
|a Anti-inflationary policies
|z Developing countries.
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| 650 |
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|a Currency substitution
|z Developing countries.
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| 650 |
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|a Monetary policy
|z Developing countries.
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| 650 |
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|a Anti-inflationary policies
|2 fast
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| 650 |
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7 |
|a Currency substitution
|2 fast
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| 650 |
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7 |
|a Monetary policy
|2 fast
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| 651 |
|
7 |
|a Developing countries
|2 fast
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| 700 |
1 |
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|a Maino, Rodolfo,
|d 1961-
|e author.
|1 https://id.oclc.org/worldcat/entity/E39PCjKh848kJrCPD97H9g3MCP
|
| 700 |
1 |
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|a Parrado, Eric,
|e author.
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| 710 |
2 |
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|a International Monetary Fund.
|b Monetary and Financial Systems Department.
|
| 776 |
0 |
8 |
|i Print version:
|a Leiderman, Leonardo, 1951-
|t Inflation targeting in dollarized economies.
|d Washington, D.C. : International Monetary Fund, Monetary and Financial Systems Dept., ©2006
|w (OCoLC)74670112
|
| 830 |
|
0 |
|a IMF working paper ;
|v WP/06/157.
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| 856 |
4 |
0 |
|u https://ebookcentral.proquest.com/lib/holycrosscollege-ebooks/detail.action?docID=3014431
|y Click for online access
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|a EBC-AC
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|a 92
|b HCD
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