Para los que son “grupo en riesgo” se acordarán del 6 de febrero de 1989: ese día voló por el aire el Plan Primavera de Machinea y Sourrouille. La convertibilidad comenzó en abril de 1991 y fue...
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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