Las medidas anunciadas esta semana, tendientes a contener los impactos de la segunda ola, llegan en un mal momento, más allá de la polémica con la educación o los temas institucionales respecto de la...
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.