En otro país esta editorial semanal sería irremediablemente sobre el presupuesto. El proyecto de ley se presentó la semana pasada. Tiene una expectativa de actividad realista, un déficit demasiado...
Inflationary Rigidities and Stabilization Policies
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Inflationary Rigidities and Stabilization Policies
Kiguel & Liviatan, 1998.
A tight fiscal stance can stop episodes of hyperinflation. But it cannot, on its own, overcome the inertia of rising prices in countries suffering chronic inflation. Such countries can nevertheless strengthen their stabilization efforts by anchoring nominal prices to the money supply or the exchange rate.
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